Thursday, September 18, 2008
Drill, baby, drill?
I was reading through Celsias.org this afternoon, and I came across this interesting article about drilling for oil. Now, we all have heard the rhetoric saying that the way to reduce oil prices is to drill for oil offshore, and maybe even in Alaska. Now, personally, I couldn't be more against just opening the world up to drilling for many reasons, but this is a great article about why drilling for oil WON'T lower gas prices. People who are FOR drilling even agree that drilling will have no impact on oil prices.
The reason that makes the most sense to me is, well, it takes 5-10 years before anyone will even get any oil from these areas. That is hardly a short term solution. The next president's first term will be OVER before that happens.
But I won't give away the article. Check it out for yourself.