Offshore Drilling Ban to Expire
Wednesday, September 24th, 2008
Well if you are a proponent of offshore drilling because you want to see pump prices decrease even though you’ve been told over and over it won’t alleviate the high gas problem—then celebrate. The quarter century ban will be allowed to expire after congress recesses for the election.
You may be wondering why I’m taking this so quietly? Well it’s because this bill serves as a stopgap and pushes much needed legislation through. As the article in the AP said: “Lifting the drilling ban gives considerable momentum to the underlying bill, which includes the Pentagon budget, $24 billion in aid for flood and hurricane victims and $25 billion in loans for Detroit automakers in addition to keeping the government open past the Oct. 1 start of the 2009 budget year.” It also doubles funding for heating for the poor to $5.2 billion dollars. Good timing for what might be a bad winter.
Plus, by time anyone actually gets around to drilling, we’ll be on to new and better things. Although congress is opening up drilling off both the east and west coast, it’s still up to the states whose shores will accommodate the drilling and pretty much the new president and his policies.
Enough said. I don’t really think this drilling thing will get much momentum. And by the time the public finally realizes how long it will actually take to see any refined gasoline from it, they will be disenchanted with the idea because it just doesn’t suit America’s penchant for instant gratification. Add to this increasingly powerful storms that continually threaten offshore drills and it’s just a matter of time that we deem the whole fossil fuel thing obsolete, especially when some of the really great alternatives debut and a greener economy starts providing many new jobs.
Working for green industries will serve to educate workers about environmental needs who will pass the information along to family and friends. These jobs will showcase the many possibilities and opportunities available besides fossil fuel energy. And that will be the end of that—a good thing.
Read the whole article: http://ap.google.com/article/ALeqM5gB6bi0EyTozdEPy0KGisTQNaS2PQD93CNNRG0
