McCain uses today's high gas prices as the foundation for his pitch to lift the federal ban on offshore drilling. But while there may be many strong arguments for offshore drilling, oil experts and economists say relieving today's fuel prices isn't one of them. Full Story »
Posted by Kaizar Campwala
Factually debunks the myth that drilling offshore will reduce oil prices. Does not discuss what economist and oil experts indicate is the number one cause of rising cost of gas - energy speculation. Interesting with the rising cost of gas, there seems to be less talk on global warming and how offshore oil drilling will not help solve the need to reduce our dependency on oil.
