Oil and the health and wealth of our country
It is my opinion that in yet another boneheaded attempt to decrease our dependence on overseas oil, the President has issued an executive order to lift the offshore drilling ban, a ban his own father, President H.W. Bush, enacted while President. Drilling is unlikely to commence, however, since Congress would need to repeal a 1981 federal law banning offshore drilling- something they have indicated they are unlikely and unwilling to do. Someone needs to take this President to vitamin world and get him some much needed vitamin information so that he may make well informed decisions rather than the afore mentioned boneheaded ones!
Experts say that any drilling would not have any effect on oil and gas prices here for at least three to five years. And they also say that oil-related businesses would stand to make huge profits, even some one on a caveman diet would know that. Bush also renewed his call to drill in the Alaskan Arctic National Wildlife Refuge, an area thought to contain 10 to 12 billion barrels of oil. It sounds like a lot, but experts insist it is a ‘drop in the bucket’ for insatiable U.S. consumer needs, and that a much more effective policy would be to increase our research and production of alternative fuel sources.
Posted by
at
20:08:16
