N.J. chiefs rally for offshore drilling ban
BELMAR Top New Jersey Democrats on Monday assailed a Republican proposal to lift the moratorium on offshore oil and gas drilling, saying it would threaten the state's economy and fail to provide quick relief to ...
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#1 Jul 14, 2008
Offshore drilling won't lower gas prices and Bush knows it and McCain knows it. All it would do is enrich speculators in offshore leases -- like Bush family and friends.
68 million acres are NOT being drilled on -- right now -- even though it is legal. If they were drilled and pumped --- we could not REFINE it right now.
SO, why lift the ban on offshore drilling? To make a profit for the current holders -- selling their "right" to drill. Those leases will still be held WITHOUT DRILLING until prices are even higher.
Bush could lower prices of gas at pump today -- by releasing a small percentage of our strategic petroleum reserves. We taxpayers would even make a profit by "selling" it at current high prices -- when we had bought it cheap.
Bushcrooks lying again to cheat Americans after they trapped them in a corner -- color me NOT surprized.
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