DENVER (CBS4) – Republican U.S. Rep. Cory Gardner is introducing a bill he says would help lower gas prices.

The White House is considering tapping the nation’s strategic oil reserve. If that happens Gardner’s bill would require Washington to open more federal lands to domestic oil and gas production.

“Let’s make sure we’re doing what we can in our own backyard to gain our energy independence and to create American jobs with American energy,” Gardner said.

Gardner says he has about a dozen co-sponsors for his bill. He’s hoping to get some Democrats to back his plan.

Comments (3)
  1. Fred W. says:

    It’s not a matter of more drilling. It’s the fact that the public is unaware the US oil industry is exporting 3 million barrels of domestic petroleum (refined product) daily. That is roughly the equivalent number of barrels of crude oil that Iran exports a day. How about we start by keeping our domestic oil here! Check the facts the number one export of the United States for 2011 was petroleum products. Funny how that is kept out of the news stories.

  2. Asodeska says:

    More drilling = more oil = more gasoline = lower prices. Period.
    Only a Democrat would say we should not export oil/Gasoline.
    We need to do both.

  3. Fred W. says:

    Well Asodeska, I’m not a democrat but an independent which I don’t see has any relevance here. If the problem is that we need more oil for more gasoline to lower prices than I don’t understand your logic that exporting 3 million barrels a day of domestic petroleum is helping the situation. Take the time and do the research. The US is at a 15 year low for consumption, thus the oil industry has a surplus, which should by textbook economics mean the prices should go down. However, to make it look like there is no surplus the oil industry started exporting the surplus, not as crude which everyone watches, but as finished product. Thus, driving the keeping the price up.

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s