« 'If McCain Picks Palin, Here's the Campaign Poster That Dooms Obama' | Main | Obama: 'America is ..., uh, is no longer, uh ... what it could be, what it once was.' »

August 7, 2008

'Energy Journal Study (and rejection letter) proves allowing more drilling will lead to price drops NOW'

Enough already of the BS about drilling more now taking ten years to affect oil prices. Although the Left has offered all sorts of arguments for why they oppose drilling, including reasons why producing more American oil will not lower gas prices - all of these arguments amount to nothing more than spin, and the American people know it.

Now there's an Economic Study submitted to The Energy Journal which proves this. The study argued that allowing drilling in ANWR would produce an immediate drop in oil prices even if the oil did not enter refineries for several years.

And to further make the researchers' points, just think about what's happened to gas prices since President Bush announced his ending of the executive ban on offshore drilling and the uproar from Americans has resulted in Republicans finally making a major issue over it.

HT - Free Republic

Posted by Richard at August 7, 2008 1:57 PM

• WaPo Destroys Dems Argument For Not Drilling - Aug 12, 2008
• Shale Oil To Be Developed - Aug 11, 2008
• Obama: 'America is ..., uh, is no longer, uh ... what it could be, what it once was.' - Aug 07, 2008
• CNN: Momentum for U.S. Offshore Drilling Helping Drive Down Oil Prices - Aug 04, 2008
• T. Boone Pickens On Funny Weed - Jul 21, 2008
• Breaking? President Bush To Lift Executive Ban On Offshore Drilling - Jul 14, 2008
• The Truth About ANWR - Jul 12, 2008
• 3 Ways to Lower Gas Prices - Jul 01, 2008
• Qatari Opec Official: USA Shouldn't Ask Other Nations To Do What It Can Do By And For Itself - Jun 29, 2008
• Alaska Governor Sarah Palin On Drilling In ANWR - Jun 26, 2008