Offshore Drilling To Solve US Oil Issue
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HERE'S WHAT I THINK
Offshore Drilling To Solve US Oil Issue
Offshore drilling for oil is on fire these days as gas prices rise due to our current economic situation. Even the candidates in the upcoming presidential election have been commenting on this issue. Current President Bush even thinks that more offshore rigs in US grounds will lighten the burdens at the pump.
Then we have all the environmentalists come out (you know the ones that ride the bikes as they never go anywhere substantial anyways) and say "you can't do that" as it will harm the environment.
Add in the nay-sayers that ring the bell with U.S. drills in offshore waters will not lower our gas prices as it's an international commodity and it won't change the big global picture.
Well, I've had enough and I'm calling B.S. loud and clear to this situation. I can agree that it "might" have environmental impacts if not protected. I can also agree that oil is an international commodity. What I can't agree with is that it won't change the global picture and the picture close to home.
Eventhough oil is an international commodity it is definitely in the status of a monopoly. While others around the world are paying gas prices anywhere from $3 to $6 a gallon, the monopoly nation is from last recollection paying about twenty cents a gallon, a direct reflection of the oil production.
I say drill and drill deep!
YOUR TURN!
Offshore Drilling To Solve US Oil Issue

Yes, you're right!
copelandc2002 says:
Drill it and drill it deep!
No way, Monkeybrain!
jjrb230 says:
Yes we need to continue drilling but we need some solution standing by http://www.squidoo.com/method-for-capping-oil-gushes-at-great-depths
HELP ME PROVE MY POINT
If you agree, add links (proof!) that help me make my case
Add a link that makes my case.
Paper Trading Stocks And The Beginning Investor | Beginners Investing Guide
Opening an account for paper trading stocks is a g more...1 point
McCain wants to lift ban on offshore drilling - CNN.com
Sen. John McCain on Tuesday proposed lifting the b more...0 points
Bush Will Seek to End Offshore Oil Drilling Ban - NYTimes.com
Jun 18, 2008 ... Mr. Bush's new stance on offshore more...0 points
Worth the risk? Debate on offshore drilling heats up - USATODAY.com
Environmental hazard or energy bonanza: Oil and na more...0 points
Offshore Drilling - McCain Point-Counterpoint
Words of Sen. John McCain

"The stakes are high for our citizens and for our economy"
"The next president must be willing to break with the energy policies, not just of the current administration, but the administrations that preceded it, and lead a great national campaign to achieve energy security for America"
"I'm all for recycling -- but it's better applied to paper and plastic than to the failed policies of the 1970s"
"We have proven oil reserves of at least 21 billion barrels in the United States. But a broad federal moratorium stands in the way of energy exploration and production. And I believe it is time for the federal government to lift these restrictions and to put our own reserves to use."
DISPROVE MY POINT (fine, be that way)
Disagree? Put your money where your mouth is and show us why.
Post links that point out why you think I'm wrong.
New offshore drilling not a quick fix, analysts say - The Boston Globe
Jun 20, 2008 ... President Bush and Republican pre more...0 points
Offshore Oil Drilling Debate Could Hurt Obama - US News and World ...
Jun 19, 2008 ... Even Democratic advisers say McCa more...0 points
Committee Against Oil Exploration - Campaign Against Offshore Oil ...
CAOE - Committee Against Oil Exploration - stop of more...0 points
RELATED NEWS: FODDER FOR ARGUING MORE
- Industry sees upswing, but problems remain
- A welder works on the hull of the 55000 BBL OPA'90 Tank barge for customer Bouchard Transportation at the Bollinger Morgan City facility. by Nikki Buskey / Houma Courier Local businesses say the recovery of deepwater offshore drilling has created an ...
- Diamond Offshore Drilling Inc. Stock Downgraded (DO)
- By TheStreet Wire 06/01/12 - 05:00 AM EDT NEW YORK (TheStreet) -- Diamond Offshore Drilling (NYSE:DO) has been downgraded by TheStreet Ratings from buy to hold. The company's strengths can be seen in multiple areas, such as its largely solid financial ...
- Offshore Drilling Industry Looks to Benefit From Growing Global Oil Demand
- Five Star Equities examines the outlook for companies in the Oil & Gas Drilling & Exploration Industry and provides equity research on Hercules Offshore, Inc. (NASDAQ:HERO) and Noble Corporation (NYSE:NE) . The Organization of Petroleum Exporting ...
- Statoil awards offshore drilling contract
- The jack-up rig will drill on the Dagny oil and gas field in the North Sea. Earlier this year Statoil and its partners chose a fixed processing platform concept, by which the gas is to be connected to the Sleipner field while the oil is to be ...
by copelandc2002
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