Monday, July 21, 2008

Who Says Drilling for Oil Will Not Help?

Those opposed to drilling for oil, either offshore or in the barren ice-laden wilderness of Alaska, say that there will be no short-term benefit. They say it will be a decade before any of that oil will hit the gas station.

Last week, President George W. Bush lifted the executive ban on offshore drilling, while encouraging the do-noting-Democratic-controlled Congress to lift their ban.

Look what happened last week. Oil dropped $16 per barrel. Gas dropped nearly $0.10 per gallon. Yes, this has all been very short term.

If just talking about drilling can have this result, imagine what would happen if (and, hopefully, when) drilling actually begins. Gas probably will never again be $0.99 per gallon, but it does not have to stay at the $4.00 range.

Drill Here!
Drill Now!
Pay Less!

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