President [sic] George W. Bush lifts a Presidential ban on offshore drilling in a symbolic move.
“Today, I’ve taken every step within my power to allow offshore exploration,” Bush told reporters. “This means the only thing standing between the American people and these vast oil resources is action from the U.S. Congress.”

President George W. Bush speaks on offshore oil drilling, in the Rose Garden of the White House in Washington, July 14, 2008. REUTERS/Larry Downing. Image may be subject to copyright. See FEWW Fair Use Notice!
“Now the ball is squarely in Congress’ court … The time for action is now.” Bush said after signing a memorandum reversing a presidential ban previously instituted by his father [ Bush 41] when he was a President about 20 years ago.
If both the presidential and congressional bans were lifted, it would then be up to individual states to permit drilling off their shores, White House spokeswoman Dana Perino said. Florida’s Gov. Charlie Crist has expressed support for drilling while California’s Gov. Arnold Schwarzenegger reiterated his opposition. Reuters reported.
“Calls for more drilling will only increase the already record profits of big oil and will do little to reduce the costs of gas at the pump,” said Larry Schweiger president and chief executive officer of the National Wildlife Federation.
The presidential offshore drilling ban, instituted by Bush 41 in 1990 as per request of the big oil, and extended by President Bill Clinton, would have expired in June 2012. Offshore drilling is allowed in the Gulf of Mexico, off the coasts of Alabama, Louisiana, Mississippi and Texas, but not Florida.
“The president cruelly is misleading Americans for attempted political gain,” said Florida’s Sen. Bill Nelson. “He knows ruining our coastlines won’t bring down gasoline prices nor solve our energy challenges.”
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