CNN: Bush met with his senior economic advisers at the Energy Department to discuss soaring prices for gasoline and crude oil. Bush said one answer is to increase supply in this country by tapping "the vast potential" of crude oil reserves on offshore lands and in Alaska as well as in oil shale in the western part of the United States.
With gasoline prices above $4 a gallon, Bush and his Republican allies think American's reluctance to drill in pristine waters and lands is diminishing and that there is an opportunity for oil companies to move into areas that have been off limits.
"And yet the Democratic leaders of Congress have consistently blocked opening up these lands for exploration," the president said. He said that technology has changed dramatically and that oil can be recovered in a way that protects the environment.
Friday, July 11, 2008
Congress Needs to Shut Bush Down on Drilling
George Bush is once again showing his incompetence and trying to make up for his lack of vision by drilling for oil in places that should not be drilled. Even republican Arnold Schwarzenegger says Bush-McCain are blowing smoke. Drilling offshore will NOT lower gas prices but many Americans have fallen for that bunk.
