The Department of Energy estimates that opening the Arctic National Wildlife Refuge would lower the cost of gas by 4 cents per gallon – twenty years from now. With the price of oil at an all time high, we’re sure that you – and all Americans – are feeling increasingly frustrated by high gas prices.
Now oil companies are taking advantage of the situation to push for the same solution they always do: more drilling. More drilling will not bring down the price of gas, it will simply increase profits for Big Oil while it puts fragile ecosystems in danger.
Whether it’s in the wilderness of Alaska or off the shores of the Gulf of Mexico, Big Oil’s answer doesn’t change. Every Monday morning in Washington, friends of Big Oil have been adding new drilling amendments to every bill they can get their hands on.
As the summer heats up and American families hit the sand to enjoy a weekend in the sun, Big Oil and some members of Congress have a different idea for how to use the coastal beaches that drive local economies in every state on our eastern and western seaboards. Their plan is to risk our summer vacation spots for a few drops of oil.
What they don’t say is that more drilling won’t save you money at the pump.
Oil companies already have permission to drill on 68 million acres of land with known oil reserves and they’re only using 18 percent of that land. Yet they want Congress to open up even more?Like this post? If so, please consider subscribing to my full feed RSS. Or, if you would prefer, you can subscribe by Email: