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  • Energy Needs Left High And Dry

    07/15/2010 5:40:06 PM PDT · by Kaslin · 4 replies · 2+ views
    IBD Editorials ^ | July 15, 2010 | Investors Business Daily staff
    Energy Policy: As the job-killing deepwater drilling ban continues offshore, our interior secretary defends an onshore ban imposed in Utah. If we could drill in places like that, maybe oil wouldn't be gushing a mile under the Gulf of Mexico. The 64-million-gallon question in the Gulf oil spill is why we were drilling 5,000 feet down in the first place. The administration line, as expressed by the president in his recent Oval Office speech, is that oil resources on land and just offshore are running out. The falsity of that claim can be seen in the battle over 77 oil...