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I support it 100%. This will give the US Domestic Oil, sure it will take years to develop... but by drilling offshore it will continue to put pressure on OPEC, Russia, and Mexico to cut prices or over produce...today at $39 /BBL a lot of the oil exported are still making huge sums of $$$$ however, they have contracts for large infrastructure projects in place based on oil being above $85 a BBL. Let them have a taste of their own medicine. If we drill offshore...it will support 100K plus jobs...making good money...and this money will be reinvested in the USA....we can even purpose a clauses to do this...the OPEC and other are cutting supplies to get prices back up...however members in OPEC that depend on OIL for their socialist programs may not cooperate....remember back in 1998-1999 when prices where under $15!!!
I would say this is part of a good energy policy. reinvest some of the profits and taxes into Wind and Solar. People that know nothing except the Leftwing crap Hollywood tells you about the oil industry should really take a trip to a Refinery to see how efficient we are...Or let China work with Cuba off the coast of Florida...you think they will impose anywhere close to the safety/environmental standards we do? in China People are expendable...
Yes, drilling off-shore is an option. According to oil companies, the black gold will be around for another 50 years!
Corporates will come with excuses/reason for increasing prices. Make them invest some of their profit in alternate energy resources!
Well since they have been drilling off-shore since 1938 and that there are currently 3,858 offshore platforms, I'm not sure what the question means. Do I support offshore drilling in sensitive ecological areas, yeah, pretty much. Do I oppose offshore drilling as a rule, obviously not.
The cost will out weigh the benefits. Less then 1% (of our usage) won't make a difference in the price we pay. With thousands of properties already owned by the oil companies (that they got great deals and tax breaks) that they are not drilling on, why hand them more.
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