As a general unease continues to creep into the US will pressure continue to build for drilling? If we see significant gas prices jump after the Russian adventure then you can bet we will see it increase.
Pelosi and Reed have already put together a plan with Congress to allow some drilling. Don't think for a second that they don't see what is going on. They know and have their own political agenda. They are going to increase their lead in congress (all signs point to this, however, things can change).
Their hope is that Obama will get elected and then they can drag the whole thing out until there is sufficient energy from other sources. Removing the ban on offshore drilling doesn't mean that Exxon is running out to sea to put up platforms in two weeks. There are going to be "extra permitting" that will be needed. It will takes years or decades to happen if they get their way. Their plan is dangerous enough, but now they want to sell oil from the strategic reserve to reduce the price of gas. It would affect prices but would also put us in a difficult spot if there was a significant disruption of oil. It is why we have it.
The Dems seem not to have learned anything from the Republicans. Keep playing politics and it will catch up to you. Job one for all politicians is to get reelected. They are setting the playing field to lose again.
Sunday, August 10, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment