Posted on 04/01/2011 4:19:55 PM PDT by PROCON
Not yet a year after the worst offshore oil spill in U.S. history, Republicans are renewing efforts to drill for oil and gas in a fiercely contested Alaskan wildlife refuge.
Moving one day after President Barack Obama's unveiled a plan to cut U.S. oil imports by a third over 10 years, Republicans will unveil a bill to open the Arctic National Wildlife Refuge. The bill would also force the Interior Department to hold lease sales for offshore areas, a Republican aide said.
(Excerpt) Read more at planetark.org ...
That's right, commodity prices are determined less by day to day supply and demand than by futures contracts. An announcement today would affect the price of gas in six months or less.
The 'rats know this, thye just lie about it.
LOL, good point. Long time no see PY!
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