Monday, August 11, 2008

Offshore Drilling Will Not Help

The USA sits on less than 3 percent of the oil reserves in the world. Even if we drill every corner of America, the oil will only amount to a drop in the bucket and will not have an impact on prices.

New offshore drilling will not address problems today, tomorrow or next year. It is estimated that drilling off Florida's coast would only bring 47 days of oil and 4 months of natural gas, and we would not see any of it for at least 7 years.

Opening our nation's coastline to destructive drilling will only add to the billions in profits already being made by Big Oil, do little or nothing to lower gasoline or natural gas prices for American families or businesses and will keep our nation dangerously dependent on fossil fuels.

The number of new offshore drilling permits has tripled while the Bush administration has been in office and yet we are paying triple for gas as what we were paying in 2001.

It is time to use American ingenuity and technology to become a world leader in alternative energy. This just might save our economy and I know it will save the environment. If we can send people to the moon using slide rules, we can calculate how we can meet our future energy needs.

Sierra Club

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