04 march 2009: congressman john fleming: loga has grave concern over obama's budget proposal

on wednesday 04 march 2009, congressman john fleming addressed the house floor to read from the letter he received from the louisiana oil & gas association president, don briggs, expressing grave concern over the obama administration's budget proposal.

congressman fleming says that the administrations budget proposals "will strip the economic incentives that provide the investment capital, that is needed to explore and produce oil and gas for our country. without these incentives, exploration and production of oil and natural gas will drastically decline, trillions of dollars will be lost, tens of thousands of jobs will be lost and our nations energy security will be severely threatened."

"simply put," congressman fleming says quoting from mr. briggs letter "the administrations budget proposals will...put our company at great risk and drive up home utilities and gas at the pump."
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http://wesawthat.blogspot.com/2009/03/congressman-john-fleming-received.html

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News & Politics

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• louisiana
• john+fleming
• obama
• budget
• loga
• don+briggs
• march
• 2009
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[Unklebillybob]

As I've said, mr oblama has no experience to be in charge of anything. We don't have years for mr oblama to learn his job,,, time to resign and let someone in this job that has, at least, a little experience.

[dhleland]

The domestic E&P industry is currently laying down rigs due to low demand & record low prices for oil & nat gas. That's the way the free market is supposed to work! It appears the fed gov wants everyone feeding the the taxpayer's trough. The bottom line is this. If you want our independent oil & gas producers to find & produce more oil & gas, sign the petition by googling "loga obama-budget". If you want to reward OPEC, do nothing & show the world that's what America does best now!

[dhleland]

Great! Over $30 billion that would be spent on oil & gas investments on US soil & waters is going to be spent on additional pork! If you're old enough to remember the gasoline lines in the mid-70's, you'll know how bad this is going to be!