Monday, July 14, 2008

The Truth About Offshore Drilling

As gas prices rocket and food prices soar, I know you are probably feeling the pinch. These are tough economic times.

But, President Bush's idea to dissolve a 27-year moratorium on coastal oil drilling is certainly not the answer to our oil woes.

Here are 3 important reasons why:

1. Lifting the moratorium will not provide immediate relief from high gas prices.

If the moratorium was lifted it's estimated that it would take about a decade before any oil could even be extracted. And it's safe to assume that drilling might reduce gasoline prices by merely 6-7 cents per gallon. Obviously, this would not have any effect on prices at the pump this summer or anytime in the near future. But it would affect the coastline you love.

2. Drilling for oil offshore threatens the coastal & marine environment, recreation and coastal economies.

Increased spills and industrialization associated with drilling offshore will result in devastating damages for coastal and marine environments for decades - not to mention putting your enjoyment of the beach at risk! Although improved technology may limit the likelihood of catastrophic spills, there are still hundreds of thousands of documented "small" spills in areas heavily used for oil drilling. In one study of a proposed drilling site it was predicted that over the next 40 years there could be up to 870 spills of 2,000 gallons or less - that's over 1 million gallons from just one site.

3. Increasing oil production worsens global warming.

You and I both know that global warming is threatening our planet, our coasts and us. And fossil fuel consumption is a major culprit. It is time to look for alternatives not further our addiction to oil.

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