Posted on 07/18/2008 5:22:44 AM PDT by kellynla
There is no quick fix to $4.50-a-gallon gas, no way to provide instant relief to consumers we know are hurting. Yet President Bush and others continue to push the false promise of offshore oil drilling.
Just this week, the president lifted the executive order banning drilling that George H.W. Bush put in place in 1990. And he's asked Congress to lift its own moratorium on oil exploration on the outer continental shelf -- which includes coastal waters as close as three miles from shore.
This would be a terrible mistake. It would put our nation's precious coastlines in jeopardy and wouldn't begin to fix the underlying energy-supply problem. And it surely wouldn't ease gas prices any time in the near future.
The vast majority of the outer continental shelf is already open to oil exploration: Areas containing an estimated 82% of all of the natural gas and 79% of the oil are today available to energy companies through existing federal leases. Federal agencies are issuing drilling permits at three times the rate they were in 1999 -- but that hasn't slowed oil prices during the climb from $19 to beyond $140 a barrel.
Meantime, energy companies haven't fully utilized their existing permits to drill on another 68 million acres of federal lands and waters. Exploiting these areas probably could double U.S. oil production and increase natural gas production by 75%.
(Excerpt) Read more at latimes.com ...
Pelosi thinks there is a quick fix by opening the emergency reserve. Nevermind that it is only good for 48 hours
And then they turn around and say that his proposed solution is political because he waited till now.
They can’t see the forest for their own lies.
It was the word “drill” that enticed the markets.
“call her local office in san diego 619-231-9712, I just did, and I will several more times today....along with barbies...tell em u live in a 91954 area code, or any thing that has a 919— number to it..”
I’m sorry but I don’t have a clue what your point is?
LOL
She and her cronies at CARB gave us the gas additive MTBE! The miraculous, water insoluble (yet binding) carcinogen. You got to give her credit for that.
I like your proposition. Can we get it on the next ballot?
I hope some kid pours sugar in the gas tank of her limo, and then her limo gets four flat tires.
What stands out to me is the fact that the First Bush started this crap. That and “Read My Lips” is why I voted for Perot. Flame me if you want but I’d do it again.
She didn't say they were open to production; just exploration. That way we know where the oil resides that we prohibited from pumping. Some days I think SanFranNan is working for OPEC.
The areas I refered to are not open to exploration. There are no leases for sale in those areas.
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