Re: Offshore drilling
"The lifting of the moratorium — first announced by Mr. Bush’s father, President George Bush, in 1990 and extended by President Bill Clinton — will have no real impact because a Congressional moratorium on drilling enacted in 1981 and renewed annually remains in force. And there appears to be no consensus for lifting it in tandem with Mr. Bush’s action." AP News/7-15
2 comments:
I also heard that, were offshore drilling to commence immediately, it would have no effect on oil prices/supplies for ten years.
None of this would be happening if we had just grown sugar cane like Brazil:
http://www.nytimes.com/2006/04/10/world/americas/10brazil.html
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