Washington, DC – One year ago today, partly in response to the urging of the Institute for Energy Research (IER), President Bush abolished the 18-year old unilateral presidential ban on responsible offshore American energy production along the Outer Continental Shelf (OCS). While one year has passed, America’s vast offshore energy resources still remain untapped, and under a de facto federal ban. IER’s president, Thomas J. Pyle – who was joined at a press conference outside the U.S. Capitol today by former Speaker of the House Newt Gingrich and other congressional leaders – issued the following statement:
