Senators Dodd, Feingold, and Menendez Tell Oil Companies to Use 68 Million Acres or Lose It
July 16, 2008

This morning, Christopher Dodd (D-CT), Senators Russ Feingold (D-WI), and Robert Menendez (D-NJ) discussed their legislation that would push oil companies to use the 68 million acres of federal land already leased to them or otherwise relinquish it. Republicans are calling for coastline drilling that would not produce a drop of oil until 2017 and would not lower gas prices ever. On the other hand, Democrats are supporting proposals to help lower gas prices today by cracking down on speculation in the oil markets, proposals to increase domestic production by pushing the oil companies to use these 68 million acres and proposals to develop renewable energy and advanced alternative fuels for the long term.






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