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Increased Oil Drilling: How does it help again?

Started by nmindependent · 9 months ago

The Republican Party has made increased domestic oil production a major plank in its efforts to win the White House, claiming that more American-made energy will make Americans less dependent on foreign oil suppliers.

During an appearance Sept. 8 on MSNBC’s Hardball with Chris Matth ... Continue reading »

1 comment

  • Thanks for looking into the myth that increased drilling in the U.S. would mean that the oil stays in the U.S. for U.S. consumers.

    To underscore the argument against increased drilling, here's an excerpt from an August 20th press release from the Sierra Club:
    "In a lease sale today for drilling rights to 1.8 million acres off the western Gulf of Mexico, ninety percent of tracts made available by the federal government went without bids. The high bidder in the lease sale was a Norwegian company, Statoil."
    For more details, go to: http://action.sierraclub.org/site/MessageViewer...
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