washingtonpost.com reported The Natural Resources Defense Council Action Fund has taken out full-page ads in this newspaper and others to decry offshore drilling for oil as "George W. Bush's Gasoline Price Elixir"
At least he is concerned about gas pricesthat is "100% Snake Oil."
At least the snakes are domestic snakesThe editorial goes along to debunk the three false claims
- Drilling is pointless because the United States has only 3 percent of the world's oil reserves.
Proven reserves require you to drill and show you can deliver oil. We believe there is a lot more there, we just need to be able to drill to find it.
Maybe they don't have oil on them.
Then make them agree to cleanup any spills.Betsy Newmark blogged The Post repeats the argument that drilling now won't pay off for a decade. They're ignoring basic economics about how the market would react to such a change in American policy. The Post is correct that we need a comprehensive plan that couples drilling with expanded research in alternative sources of energy as well as nuclear energy.
Don Surber blogged Environmentalists tie up the oil companies from using their leases then complain that oil companies are not using their leases. It is a game aimed at, what, all I can see is destroying capitalism.
The Post is not enamored of drilling, but concluded: “No, the United States cannot drill its way to energy independence.
But not drilling certainly is not going to do it.But with the roaring economies of China and India gobbling up oil in the two countries’ latter-day industrial revolutions, the United States can no longer afford to turn its back on finding all the sources of fuel necessary to maintain its economy and its standard of living.” That standard of living allows people to loll around and pretend they are saving the world by trying to stop it.