Quote:
Originally Posted by SuzeQuze
Also, if we did drill offshore, it would not impact the price of gas which this ad seems to imply would happen.
|
Studies in his own Department of Energy equivocally shows that drilling in the arctic refuge will have no effect on today's high gas prices -- at their peak production, two decades from now, the amount of oil speculated to be available in the refuge would lower gas prices by less than 4 cents a gallon. So, even when you combine the oil that could be there and that could be in other areas, the net result 20 years from now is less than ten cents a gallon. Then less than 20 years from then, alt. fuel will be needed as the oil supplied will begin to run out.
Again, I am for extracting all the oil from the earth now because that seemingly is the only way the clutches of the oil lobby can be removed from world.
And, what I don't get is why Americans are so loathe to see that. And, why politicians don't realize that the American economy would soar with the R&D and implementation of the new devices - sort of like when PC's took off.