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The "five-to-eight year lead time" is a myth as far as relief at the pump goes. If Congress simply announced they are opening ANWR, OCS, and all federal lands to exploration, the impact on the spot price of oil would be less than 24 hours. This bull $hit the Dems are handing out is because they don't want anything "good" to happen to you and me before Nov. They will always put themselves before the American consumer. Drill here, drill yesterday.

You have to know they realize what they're pushing is pure make believe. If they knew for a fact that drilling would not lead to a drop in prices they wouldn't be so against it. They oppose it because they know, as well as we do, that the oil market is mostly psychology and part of that right now is there's no relief on the horizon for growing demand in the face of static production.

If they are so cocksure it won't matter then why not go ahead and do it?

Actually it is worse than you state. The environmentalists (Democrats essentially) want growth to stop. Simply put they want population growth to stop, economic growth to stop, production increases to stop and since they only want this in the USA, it can be concluded that they want other powers to come to be the dominate powers in the future.

Of course you are right that there will be immediate consequences to a decision to drill where there is more oil to be found. (1) unemployment will drop farther as more good paying jobs are “discovered”. (2) the stock market will stop dropping as soon as new profits are factored in because of (3) more hard goods will go into production from oil drilling floating platforms to drilling machinery. (4) fairly soon speculation in oil futures will factor in additional supply. (Some wells will be in production within a year of ending the courtroom attempts to stop drilling that are certain as soon as Congress decides to drill.

BTW, you can see democrats are starting to see that the above represents a political force and they may not want to be on the wrong side.

The "five-to-eight year lead time" is a myth as far as relief at the pump goes. If Congress simply announced they are opening ANWR, OCS, and all federal lands to exploration, the impact on the spot price of oil would be less than 24 hours.

As a simple analogy, if water is running through a 100' hose attached to a spigot that's open to 10% of maximum flow, how quickly can the flow rate at the output be increased? If the spigot is opened wide, it may take quite a few seconds for any molecules of the "extra" water to make it to the end of the hose, but the flow rate at the output will increase almost instantly.