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America First Party
1630 A 30th Street #111
Boulder, Colorado 80301

Friday, March 4, 2005

Put America First: Uncap Domestic Oil

Boulder, CO -- In response to recent oil related news, America First Party National Chair Dan Charles issued the following statement today:

"Nearly three years ago the America First Party called for ending dependence on foreign oil. Since then, oil and gas prices have more than doubled to record levels, dependency on foreign oil has increased, trade deficits have exploded to record levels, unemployment among American oil industry workers has increased, and OPEC countries have expanded their funding of madrassas that breed terrorists. In recent days, OPEC's secretary general has announced his expectation that oil prices will rise to more than $80 a barrel. In response, congressional Democrats and Republicans have done nothing.

"Today, the America First Party again renews its call for an energy policy that creates energy independence, good paying jobs, and lowers costs for American families. We call on Congress to take steps toward ending US dependence on foreign oil. Every day Congress fails to act responsibly on this matter is another day Democrats and Republicans put the American people's economic and national security interests second for the benefit of multinational oil companies and fiefdoms.

"Congress should adopt legislation they let languish in the last session promoting the production of oil from so-called marginal oil wells located in the lower 48 states and Alaska Uncapping the existing wells in the National Petroleum Reserve including Gull Island, would allow us to produce another 1.5 million barrels per day of environmentally friendly low-sulfur oil, without touching ANWR. Inclusion of an $18 per barrel price support provision can protect our industry from OPECıs predatory pricing practices. We also seek the elimination of the 1,095 barrel per well per year restriction, which will return these wells into profitable production, and an unnecessary regulation that requires that 95% of the discharge from wells be water.

"Our domestic oil production is competing with countries that do not have such restrictive provisions--putting us at a great disadvantage. Increased oil production within the United States would also stimulate the growth of peripheral industries such as pipelines and refineries. The Democrats and Republicans who oppose these provisions have lost sight of what is best for America.

"There are thousands of unused capped and mapped wells which could bring needed oil to our refineries and gas stations within weeks. Increased independence from foreign oil and expansion of our domestic oil industry would remove us from the grip of unstable and hostile governments. The economic expansion that results would fuel the long term development of alternative energy sources and improved energy conservation."

Dan Charles, National Chairman, 1-866-SOS-USA1, ext. 4
Romelle Winters, Press Secretary, 1-866-SOS-USA1, ext. 2


America First Party ~ 405 River Road ~ Greenwood, Mississippi 38930
Telephone (866) SOS-USA1 ~ Fax (662) 453-7787 ~ E-mail
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John Pittman Hey, National Treasurer
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