Offshore Drilling Ban to be Lifted by Bush

scaeagles · 07-22-2008, 12:26 PM

Major benefit you omitted in drilling that I believe is the biggest key (this also equates to a detriment on the no drill side):

Gradual removal of dependence on foreign oil and the effects of potential supply disruption in unstable areas of the world. This lowers the price of oil and shields it from some speculative pressures that have immediate and obvious effects on the economy.

It isn't about increased supply. It's about being sure that our supply - and therefore a large portion of our economic well being - is not subject to the whim of crazy men like Chavez and Ahmadinejad or terrorist action in the Persian Gulf region.

07-22-2008, 12:26 PM	#10
scaeagles I LIKE! Join Date: Jan 2005 Posts: 7,819	Major benefit you omitted in drilling that I believe is the biggest key (this also equates to a detriment on the no drill side): Gradual removal of dependence on foreign oil and the effects of potential supply disruption in unstable areas of the world. This lowers the price of oil and shields it from some speculative pressures that have immediate and obvious effects on the economy. It isn't about increased supply. It's about being sure that our supply - and therefore a large portion of our economic well being - is not subject to the whim of crazy men like Chavez and Ahmadinejad or terrorist action in the Persian Gulf region.
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