thinkprogress.org — Just one month after John McCain flip-flopped and called for lifting the ban on offshore oil drilling, President Bush will announce later today that he too will flip-flop and ?lift an executive ban on offshore drilling that has stood since his father was president.? Bush and McCain supported the ban when running for president in 2000
Jul 14, 2008 View in Crawl 4
hivoltage815Jul 15, 2008
I feel like a broken record because I just posted this in another thread, but...Bush is just a socialist for the rich.With that said, I would support something to remedy the gas situation now, but if off-shore drilling won't yield a single barrel of oil for 5+ years, we should be using the time and resources switching to alternative sources. The technology is there, we just need to take the steps.
btimeJul 15, 2008
Even if they did approve drilling for oil in protected areas, there's still only so many refineries in the US that produce the country's gasoline. Do you really think they aren't already producing at capacity? There hasn't been a new refinery built in the US since 1976.<a class="user" href="http://abcnews.go.com/WNT/Story?id=1042788&page=1">http://abcnews.go.com/WNT/Story?id=1042788&page=1</a><a class="user" href="http://www.msnbc.msn.com/id/6019739/">http://www.msnbc.msn.com/id/6019739/</a>
Closed AccountJul 16, 2008
Who owns the mineral rights to this oil. And why no mention of it? Thanks to anyone who knows. It seems too far off shore to belong to any citizen.
gn0stikJul 16, 2008
Right, but a run on oil right now in american banks would spread like wildfire, and increase the value of the dollar because they'd be buying debt again, not standing pat, which would compound the drop in oil prices, if people can afford to get to work again, they don't have to save all their money for their gas tanks, which means they can buy homes.. Cause and effect, MORON, since we're using ad hominems here. You underestimate the effect one nation can have on the global economy.
Closed AccountJul 17, 2008
The majority of the oil comes from natural seepage.
defwheezerJul 18, 2008
My choice is renewable energy, fool.
cmainiac666Aug 2, 2008
thanks for the lecture, but my comment was more a statement on the awesomeness of the grammar the poster haves.