Are mindless sheep who don't know the facts?
Proponents for drilling make the argument that setting up offshore drilling will reduce America's dependence on other countries for oil.
A few key facts:
1. Offshore drilling here in the United States will not bring us lower gas prices. Oil prices are determined by the global oil market
2. Increased oil production doesn't mean that we will pay less for gas. From 1999 to 2007, the amount of drilling permits increased by 361 percent.
3. It would take at least a decade for oil companies to obtain permits, procure equipment, and do the exploration necessary to get the oil out of the ground, most industry analysts say. And even then, they add, the amount of new oil produced would probably be too small to significantly affect world oil prices.
4. By 2027, gas prices would only fall by 3.5 cents per gallon if we drill for oil offshore.
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