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Statement by Chief Financial Officer Tom Gallagher regarding Coastal Petroleum Settlement

5/31/2005

CONTACTO:
Tami Torres 
(850) 413-2842

TALLAHASSEE – "Earlier this year I applauded Senator Mel Martinez for his leadership in Congress to protect Florida from oil drilling off Florida's coasts. Tomorrow, those of us in the Florida Cabinet will have our chance to eliminate the threat of close-in drilling near our beaches. We have the opportunity to protect the Florida coastline from oil drilling and preserve our natural treasures for future generations.  I will support this measure in this week's Cabinet meeting.

"Keeping our coastline free from the threat of oil drilling is good environmental policy and good economic policy.  I will continue to support measures that balance both priorities for Florida's future."