Dallas, TX, Oct 26 – The New American Energy Opportunity Foundation (NAEOF) has launched an aggressive initiative to educate Americans about the destructive actions of the Obama administration raising the price of gasoline and blocking America from energy independence. NEOF said it has made a $1 million national radio ad buy, supplemented by up to $200 thousand in spot buys that will air in the state of Ohio.
“In addition, NAEOF will stage special events in Ohio that will be announced next week and has created a major $300 thousand online component for its campaign, that features a video report on the need to begin tapping America’s enormous energy resources now, not later. We are also using full-page print ads in major newspapers,” according to NAEOF president Martin Fleming
“In the past few years, America has seen revolutionary breakthroughs in the amount of oil and gas we can develop. These breakthroughs mean that with America has all the energy we need, right under our feet,” said Fleming.
“Unfortunately, instead of embracing this new American energy opportunity, the President is gambling billions of taxpayer dollars on bankrupt energy alternative energy schemes while enacting restrictions designed to raise the price of proven energy sources to the point alternatives start to look good, to paraphrase Mr. Obama’s Energy Secretary Stephen Chu,” charged Fleming.
“Not only is this a slap in the face to Americans struggling in this terrible economy with high gasoline prices, the Obama administration’s energy policies will increase, not decrease, America’s dependence on Middle Eastern oil.”
“The purpose of our campaign is to ensure we choose a new path on energy, one which will recognize the new American energy opportunity and seize it for our children’s future.”
Fleming points out during President Obama’s first term in office, new leases for exploration on Federal lands are down by almost 50%. “Yet Jack Gerard, president and CEO of the American Petroleum Institute, says that a conservative estimate is that billions of barrels of oil and trillions of cubic feet of natural gas have been put off limits by the administration.”
NAEOF believes that leasing for energy development on federal land, including Alaska and offshore, should be returned to historic levels. This will generate royalties for the federal treasury which can be used to pay down our debt, create millions of new jobs and increase domestic energy production to lower the price of gasoline, according to the foundation.
“90% fewer leases for energy development on federal land are being issued today than under President Reagan. If we could return to Reagan era leasing levels, we could be producing over $750 billion in royalties for the U.S. government. And, we could be creating $5 trillion in new economic activity. Translation: $1.75 trillion in revenue without a tax increase or spending cut,” Fleming calculated.
“High-priced foreign oil means high priced domestic gasoline, higher priced food and limited opportunity for all Americans. We’ve adopted the slogan, ‘Energy is opportunity, now is the time,’ and we are hell bent on making sure this message gets out to voters before the election,” Fleming concluded.