offshore drilling

I was almost relieved to see this report by the Center for Economic and Policy Research. I have been puzzling over why the public seems so sure that offshore drilling will lower gas prices.
At TWI, we keep citing government data — the straight numbers crunched by energy experts at the Dept. of Energy’s Energy Information [...]

Returning Tuesday from a five-week break, the Senate Democrats plan to consider a controversial bipartisan energy bill that would expand offshore oil drilling in the Gulf of Mexico and, perhaps, elsewhere, The Associated Press reported yesterday.
The proposal, which remains in draft form, would lift the drilling ban on the Gulf coast of Florida, while allowing [...]

No shocker here.
President George W. Bush announced today that he will release oil from the country’s emergency reserves in the wake of Hurricane Gustav. The reason? Because an oil company asked, of course.

At the third anniversary of Hurricane Katrina, Americans are talking about the number of lessons to be learned from the tragedy of that storm and the failure of response by the U.S. government that followed.

DENVER — At the Democratic National Convention House leaders clashed with Republican supporters over offshore drilling.

High gas prices are spurring support for offshore drilling, which experts say won’t alleviate the pain at the pump.