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Posts tagged “OCS”

By Robert Rapier on Aug 3, 2008 with no responses

Watch Stephanopoulos Grill Pelosi

George Stephanopoulos was relentless with Nancy Pelosi on ABC News regarding the question of allowing a vote on opening up more areas for drilling. In between repeated questions of “Why won’t you allow a vote?”, she repeated the canard about oil companies sitting on all of this undeveloped land (there already is a ‘use it or lose it’ provision), said that we need ‘real solutions’ like tapping the SPR, and said that allowing drilling wouldn’t make any difference anyway and was a gimmick. (Why not then extract money from the oil companies for the right to look?) She spoke out against the threat of global warming, and just as passionately called for oil to be released from the SPR, completely… Continue»

By Robert Rapier on Jul 29, 2008 with no responses

My Drilling Proposal is on the Table

I said I wasn’t going to update until Wednesday, but have a little free time this morning. Imagine my surprise to read this headline today: Senate Democrats offer deal to break energy bill standstill Turns out they are proposing the same deal that I proposed in my essay from last week on coming to a compromise on the drilling question: WASHINGTON (CNN) — Senate Majority Leader Harry Reid surprised Republicans on Monday by offering them a chance to vote this week on four GOP-backed amendments to an energy bill, including one that would expand offshore oil drilling. The possible breakthrough comes days before Congress recesses for August and lawmakers return home to face constituents anxious for relief at fuel pumps…. Continue»

By Robert Rapier on Jul 23, 2008 with no responses

The Drilling Debate: Narrowing the Chasm

I have given a lot of thought to the issue of opening up new areas for drilling in the Outer Continental Shelf (OCS) and in the Arctic National Wildlife Refuge (ANWR). My position has always been to leave that oil in place for a very rainy day. I wanted to see major conservation efforts in place before we considered tapping that oil. Opening those areas when oil was $20 a barrel would have meant that much of it would have been used frivolously. Now that oil is over $100 – and in my opinion will be much higher in 5 or 10 years (T. Boone Pickens predicts $300/bbl in 10 years) – we will have tightened our belts a good… Continue»