I’ll have to agree with the Democrats on this issue. "NO" to offshore oil drilling. First, it would take a few years to come to production which would have no immediate effect on one of societies biggest fears right now…"rising gas prices". Second, the oil that would be produced would only last for about 3 years. Third, you risk the chance of damaging the ocean and ecosystem there. Last but not least; this is just a plot for the oil industry to boost more profits off of a commodity that is not in short supply. There is plenty of oil out there being produced. This industry is all based off price speculation and amatuer investors rushing in to "buy". When the bubble bursts and it will, these people will be slaughtered just like with any bubble market and the rich will get richer. Who do you think is selling? It’s not the middle class and poor selling to the rich!!!
I agree with you. And besides it would take 13 to 15 years for off shore drilling to lessen the price of gasoline after they constructed the wells. So what’s the point. We can have other energy sources developed by then.
October 30th, 2009 at 5:54 pm
its relatively safe now and we should continue to drill off our shores instead of purchasing foreign crude.
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October 30th, 2009 at 6:33 pm
It’s not a sustainable source of oil, so in that sense, its a temporary improvement. The damage caused by offshore drilling can be much greater than the small gains in supply.
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\\ Golgothor
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October 30th, 2009 at 7:03 pm
Not against all offshore drilling. There are resort areas were it should be ban, because all the safety measures would make it to costly. Let them drill on some of the areas already leased. Build four cold fusion power plants. Give twice the tax credit given to gas guzzlers to cars that run on something other than diesel and gas. Sell quarter of all oil stock pooled at 175.00 quarter at 150.00 quarter at 120.00 and quarter at 100.00 and pay off the National debt. These options could not be transfered and could only be used to take delivery.
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October 30th, 2009 at 7:48 pm
Im dead against this one. Rigs off shore in the gulf could
ruin the eco system if one went down in a Hurricane for sure.
No off shore rigs for Florida.
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October 30th, 2009 at 8:17 pm
I agree with you. And besides it would take 13 to 15 years for off shore drilling to lessen the price of gasoline after they constructed the wells. So what’s the point. We can have other energy sources developed by then.
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