Will Offshore Drilling Lower Gas Prices?
Will Offshore Drilling Lower Gas Prices? – by Catherine Morgan (cross-posted at The Care2 Election Blog)
This will be part one in a series of posts I will be doing on gas prices and offshore drilling. I want to take a look at the facts, and attempt to separate the truth from the fiction. Would offshore drilling lower gas prices? Why do the oil companies need more places to drill, if they aren’t even using all of what they have now? How would more offshore drilling effect the environment? Does this have more to do with politics than the people? These are just a few of the many question we will try to answer here.
Let’s start with an article in today’s New York Times. Here are a few excepts from that article, I really recommend you read the full piece.
READ FULL POST AT THE CARE2 ELECTION BLOG
Comments
Comment from sandy
Time: June 21, 2008, 4:19 pm
Ken Williamson makes so good points about this on http://www.posterspost.com.
He makes a good case for drilling.
The point is, we have no choice but to drill if we continue driving our vehicles.
Comment from Perry MacNeil
Time: June 19, 2008, 11:09 pm
Great post, Catherine, and thanks for giving our voices a place to be heard!
As a Southern Cal native, I have seen the offshore drilling rigs ebb and flow with the political parties in power. Needless to say, they have increased in number here with the present administration. We have all seen the damage that can be done by these behemoths. It’s time for a Windfall Profits Tax, with the funds going into R&D into alternative fuel sources/vehicles. It’s time for us to speak out and force our leaders to act on our behalf.