Arctic drilling's effect on prices di...

Arctic drilling's effect on prices discounted

There are 2 comments on the TwinCities.com story from May 23, 2008, titled Arctic drilling's effect on prices discounted. In it, TwinCities.com reports that:

If Congress were to open up the Arctic National Wildlife Refuge to drilling, crude oil prices would probably drop by an average of only 75 cents a barrel, according to Department of Energy projections issued ...

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Phil

Saint Paul, MN

#1 May 23, 2008
One of the current Republican talking points about our energy problems is that we could lower our gasoline prices if we only exploited domestic sources of oil. The Republicans like to use this because it allows them to point fingers at Democrats, and it avoids pointing any fingers at their constituents in the oil industry. This study shows that the facts don't support the Republican position on ANWR. The untapped oil field in the Gulf of Mexico is about the same size as ANWR. Unfortunately, conservatives will continue to parrot this talking point without regard to the facts. In this same issue of the Pioneer Press there is an opinion column by Linda Runbeck trotting out the same tired finger pointing, and there are two letters to the editor making the same points.
mosdeff

Maple Grove, MN

#2 May 23, 2008
May 30, 2002

WASHINGTON -- With his brother, Gov. Jeb Bush, looking on, President Bush sealed a deal Wednesday to prevent further oil and gas drilling off the white sand beaches of the Florida Gulf Coast and in the cypress swamps near the Everglades.

The unexpected announcement would require the federal government to repurchase $235 million worth of oil and gas leasing rights in the Destin Dome area, about 25 miles south of Pensacola, and in three wildlife areas including Big Cypress National Preserve.

Jeb Bush acknowledged that the Oval Office announcement would boost his re-election campaign in Florida, the swing state in the 2000 presidential election and a tourism mecca where polls show 75 percent oppose offshore drilling.

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