Press Releases
Flores Statement on Exxon's Major Oil Discovery in Deepwater Gulf of MexicoExxon Oil Discovery One of the Largest in the Gulf of Mexico in Last Decade U.S. Congressman Bill Flores (R-Texas) released the following statement after ExxonMobil announced the discovery of more than 700 million barrels of recoverable oil equivalent in the Gulf of Mexico in the company’s first post-moratorium deepwater exploration well: “Exxon’s significant oil and natural gas discovery in the Gulf of Mexico today further confirms the urgent need for the Obama Administration to lift the ban on new offshore drilling. This is exactly why Republicans have been applying pressure on the Department of Interior to issue offshore permits. Our country has vast amounts of untapped taxpayer-owned energy resources that continue to sit idle while high gas prices squeeze the budgets of families and small businesses, thousands of Americans remain out of work and our country continues to rely on dangerous foreign sources of oil. The energy policies of the Obama Administration have resulted in the loss of hundreds of thousands of barrels of domestic oil production each day. However, it is not too late to change our country’s course of action. Exxon’s discovery today proves that expanding access to these areas that contain the most oil and natural gas reserves will increase our domestic energy production and spur American job creation right away.” For more information on ExxonMobil’s discovery in the Gulf of Mexico, click here. ### |
