President George W. Bush urged Congress on Wednesday to end a ban on offshore oil drilling, responding to consumer anxiety over soaring gasoline prices with a plan sure to anger environmentalists.Still want to drill and destroy the only environment that we have to get a short term fix a decade from now or do you want to develop alternate sources of energy that could replace oil? That will never happen as long as oil men and their flunkies roam the halls of Congress and get installed as President of the United States.
Bush said opening federal lands off the U.S. coast -- where oil drilling has been banned by both a presidential executive order and a congressional moratorium -- could yield about 18 billion barrels of oil.
That would meet current U.S. consumption for about 2-1/2 years, but it would likely take a decade or more to find the oil and produce it.
Wednesday, June 18, 2008
Bush Urges Congress To End Offshore Oil Drill Ban
Exxon Mobil profit when Bush took office was 8 Billion, it is now over 30 Billion. Still think he isn't in the pocket of Big Oil and that drilling will only benefit them.
Labels: Big Oil, Corruption, Economy
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