Got feedback on the new design? We're Listening! Send us Feedback

More offshore drilling does little at the pump: EIA »

Posted by: STONERS 2 months ago

283 Comments Report this Story

10.0

Scale of 1 to 10

Read: 224

Propped: 207

Comments: 283

Click Prop It to Raise Score
Prop it

Allowing oil drilling in U.S. offshore waters that are now closed to energy exploration would do little to lower gasoline prices paid by consumers, the government's top energy forecaster said on Wednesday.

Read Full Story at news.yahoo.com

Join the Discussion

+ Add Comment
Comments So Far: 283
  • 0%
    STONERS2 months ago

    "In response to record pump prices, Republican presidential candidate Sen. John McCain and President George W. Bush this month called for Congress to end its moratorium on drilling off the East and West coasts and in Florida waters, leaving it up to each affected state to decide where to permit drilling."

    "McCain and Bush said the additional oil supplies likely to be found in the closed areas would help reduce gasoline costs."

    Reply

    76 Replies

    • 0%
      mesodude2 months ago

      ""McCain and Bush said the additional oil supplies likely to be found in the closed areas would help reduce gasoline costs."

      --That's because Bush and McCain know that Americans will remember who was in the White House (and which party controlled Congress for most of Bush's term) when they lost their homes and jobs and when they first paid four dollars for a gallon of gas or a gallon of milk. They know Americans will remember who gave war time tax cuts to millionaires and who blathered on endlessly about "socialism" (while enjoying their tax payer funded health insurance) when they couldn't afford health insurance for their own kids. Republicans know that Americans know what they did last summer (and during all the previous summers under Bush) and they're TERRIFIED. Desperation will make cons say or do anything to hold on to power. ;-(

      Reply

      34 Replies

    • 0%
      Klarissa2 months ago

      of course not - it takes several years before the drilling is on line and producing. We have to start somewhere sometime.

      Reply

      39 Replies

    • 0%
      getreal12 months ago

      More refineries would help and that means that some of these people in the mid west that are pumping oil from their back yard could easily start some mini companies. Big oil doesn't want that so they put it on the environmentalist. Maybe there is a way to make refineries environmentally safe. I don't know what stuck my post here but here it is Stoners.

      Reply
    • 0%
      Wolfie20072 months ago

      So more oil drilling won't help at the pump, it would be helping now if we had been drilling for the past 20 years. So it is ever going to make a difference we need to start drilling now.

      Reply

      49 Replies