It could be worse

Monday, November 10, 2008

Time's up on offshore-drilling ban

Denver Post- September 24, 2008
The offshore-drilling ban that has been in place since 1981 expired at the end of September with rather lackluster hype. I think the American public is willing to allow anything that will keep gas prices below $4 a gallon. Like I have said before, Obama wants to keep to ban in at least partial effect while decreasing oil imports. It will be an interesting four years to see how the oil and energy movement pan out.
I think we will continue to see many renewable energy projects pop up around the country, but I do not see widespread change closing coal power plants and opening solar power plants. I see some offshore exploration being allowed but under heavy environmental policy as well as Arctic oil exploration under heavy oversight.

http://www.denverpost.com/breakingnews/ci_10541890

No comments: