Destroying the Gulf for what? Better paths forward ...
by A Siege
Sat May 01, 2010 at 05:07:23 AM PDT
During the 2008 campaign, a Palin-McCain Michigan ad had this line:
"Offshore drilling to reduce the price of gas to spur truck sales."How many times does it need to be said? Offshore drilling is, at best, a 1 cent, 1 percent solution 20 years off to the question of gasoline prices. According to Department of Energy analysis, offshore drilling would:
1. Lead to a 1.2 cent reduction in gasoline prices.
2. Provide 1 percent of today's US oil demand and 0.25 percent of global demand (about 200,000 barrels per day of production compared to 20 million barrels/day of US demand and global demand (over 80 million barrels / day)
3. Do this by 2030 ...
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MUCH more, very useful info and a great diary at:
http://www.dailykos.com/storyonly/2010/5/1/862525/-Destroying-the-Gulf-for-what-Better-paths-forward-...Yes, a 1 cent, 1 percent solution, 20 years from now would "spur truck sales".
And, of course, without risk because offshore drilling is safe and clean ...