FOR IMMEDIATE RELEASE:
Wednesday, June 22, 2011
KEATING KEEPS THE PRESSURE ON BIG OIL
Washington, DC – Today, Rep. Bill Keating introduced an amendment and motion to recommit aimed at holding big oil companies accountable while protecting American taxpayers.
The amendments and motion were offered on H.R. 2021, the Jobs and Energy Permitting Act of 2011. This legislation repeals drilling limitations for oil companies and further lessens Clean Air requirements, thus allows drilling permits to go through quicker. It is opposed by Sierra Club, League of Conservation Voters, Natural Resources Defense Council, National Audubon Society, Environment America, and World Wildlife Fund.
Rep. Keating’s motion to recommit would require that the air pollution controls established in underlying legislation directly lead to decreased gas prices for American citizens. With so much risk being born by the American public, Rep. Keating questioned who would get the reward: taxpayers or Big Oil executives.
Earlier in the day, he introduced an amendment that would require all completed drilling permit applications to include information on the bonuses provided to the executives of the applicant company from the most recent quarter.
Rep. Keating continues to go after Big Oil so that his constituents will finally feel some relief at the pump.
Watch Rep. Keating’s past efforts to take on Big Oil.
Bill Introduces Amendment Requiring Oil Companies to Disclose Executive Bonuses. May 11, 2011.
Bill Rails Against Big Oil As Americans Pay at the Pump. May 5, 2011
Bill Introduces an Amendment to End Big Oil's Entitlement Program. March 1, 2011