Sunday, July 20, 2008

On opening the continental shelf to exploration and development

The views on this one are mainly Republicans = Yes, Democrats = No. Here, I side with the Republicans. Here are some common arguments and my response.

"It will be 10 years before we get the first drop of oil from it"

Jim: Even if it is 10 years, which it probably won't be, it's from when we begin, so let's get started.

"We should drill where there are already leases"

Jim: Geologically, there are places where oil is commonly found, and there other places. Some of the best prospects are not in the current lease areas.

"It could foster an environmental disaster"

Jim: So could the Chinese drilling off the coast of Cuba. We need to be environmentally responsible, use the latest technology, and ensure some funds are diverted directly to National Parks and other environmental budgets.

"We'll end up selling the oil to the Chinese"

Jim: We should have that problem.

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