More Drilling

The issue of gas is becoming a big issue all of America, and the world, is talking about. Saudi Arabia recently announced that it would increase production of oil by 200,000 barrels a day. But this announced increase can be seen to have no effect on the actual price of oil, as the price per barrel is now at a record closing today at over 140 dollars, a doubling over last years price for a barrel of oil. As an earlier post states, the only way to reduce the money Americans put forth for gas is to reduce how much we have to use.

The head of the Energy Information Administration, Guy Caruso, recently said that offshore drilling "doesn't affect prices that much," as well as the fact that "additional supplies would amount to only a couple of hundred thousand barrels of oil a day."

America clearly needs to have a more effective plan than drilling, as those sources will not even being to yield oil for 5 to 10 years in the short term, and a small increase in production by offshore drilling is not a long term solution either. If a plan of offshore drilling, as McCain and Bush (alike!) propose, does not have benefits in the short term OR the long term, where is the assistance to the American people coming from under this plan? My answer would be that there is no assistance coming from the Republicans.

This plan even has opponents in the President's and the Republican hopefuls own party, as in the opposition by Schwarzenegger.