More Oil Drilling, Please
Deroy Murdock makes a good case for more oil drilling, and suggests a number of ways to deal with energy costs:
- Approve new Alaskan oil drilling already. The Arctic National Wildlife Refuge’s pertinent parcel covers just 2,000 acres — a veritable raindrop in the Olympic swimming pool that is Alaska’s 365-million-acre territory. ANWR’s estimated 10.4 billion barrels could match or replace for 19 years the 1.5 million barrels of Saudi oil that America imports daily...
- Deregulate the construction of new oil refineries, something not seen since 1976.
- Halve the gas tax, making the average gallon 9.2 cents cheaper. Congress would have less to spend, but they should tighten their belts anyway.
- To encourage new atomic-power plants, stop debating and start storing radioactive waste at Nevada’s Yucca Mountain facility. In return, give Silver State residents free electricity.
- If it’s too much to drill more offshore oil, at least withdraw more natural gas. At worst, natural gas leaks do not blanket beaches or smother seagulls.
Posted on Fri, April 18, 2008 at 12:40PM
by
Paul Ibrahim
in Economy, Regulation, Environment
|
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Paul Ibrahim
in Economy, Regulation, Environment
|
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