House Votes to Lift Ban on Offshore Drilling!!!

Discussion in 'Economy' started by Mr.Conley, Jun 30, 2006.

  1. Mr.Conley
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    Mr.Conley Senior Member

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    WASHINGTON - The House voted Thursday to end a quarter-century offshore drilling ban and allow energy companies to tap natural gas and oil beneath waters from New England to Alaska.

    Opponents of the federal ban argued that the nation needed to move closer to energy independence and insisted the gas and oil could be taken without threatening the environment and coastal beaches. They said a state choosing to keep the moratorium could do so.

    The measure was approved 232-187.

    But the bill’s prospects in the Senate were uncertain. Florida’s two senators have vowed to filibuster any legislation that would allow drilling within 125 miles of Florida’s coast. Other senators from several coastal states also have strongly opposed ending the drilling restrictions.

    Many lawmakers fear that energy development could despoil coastal beaches, should there be a spill, and threatens the multibillion-dollar recreation and tourist economies of states where offshore energy development has been barred since the early 1980s.
    http://www.msnbc.msn.com/id/13573049/
     
  2. jillian
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    jillian Princess Supporting Member

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    Good to know the Senate is still a little more circumspect than the House. I wish they'd put a bit of effort into finding alternative energy sources.
     
  3. dilloduck
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    dilloduck Diamond Member

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    Approving off-shore drilling does nothing to hinder finding alterntive enegy sources.
     
  4. MtnBiker
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    MtnBiker Senior Member

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    Why do you say that? If there is an energy source we can use why not use it. Is it better to have forgein countries drill for that oil?
     
  5. acludem
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    acludem VIP Member

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    This won't get through the Senate. It may not even make it out of the Senate Committee.

    This is yet another giveaway to big oil from the House Republicans.

    acludem
     
  6. rtwngAvngr
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    rtwngAvngr Guest

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    So you'd rather pass on another source of oil than allow oil companies to make money from it? Your suicidal commitment to spiteful nihilism is noteworthy.
     
  7. acludem
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    acludem VIP Member

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    I'll pass on the pollution and habitat destruction this drilling will cause and would prefer to see tax dollars being spent on alternative energy sources rather than drilling for more oil to feed our addiction. In other words, we need to start developing the Petroleum Patch since we can't quit cold turkey.

    acludem
     
  8. rtwngAvngr
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    rtwngAvngr Guest

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    The damage would be minimal, while your idiocy is maximal.
     
  9. dilloduck
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    dilloduck Diamond Member

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    I don't think anyone thinks petroleum is the ultimate solution. Whatever new energy source we develop will be an addiction too.
     
  10. Mr.Conley
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    Mr.Conley Senior Member

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    The Federal government gives grants to alternative energy research via the National Science Foundation and the Department of Energy. They also subsidize the purchase of photovoltaic systems. It'll be years before offshore drilling is up and running. In the meantime, we work on alternatives like we have been and use this when we need it most.
    Actually it does. Offshore drilling creates a large supply to met demand. This situation can't help but decrease prices. If the price of oil is lower, the incentive to develop alternative fuels decreases. This is very bad. However, the price is already so high, and offshore drilling is so far off a marginal that I doubt this will have a major impact.
    Actually, oil rigs aren't inherently destructive. The problem is if there is an oil spill or if the rig starts leaking chemicals into the water. An oil spill would be a major local event, and could have severe impacts on the environment and the economy of nearby coastal areas; however, the risk of an oil spill is marginal, and chemical leaks can be avoided. Barring these two unlikely events, rigs often act as reefs, increasing the size and diversity of the wildlife population nearby.
    While the risk is marginal, if an oil spill were to occur, the effects on the environment would be catastrophic. Local economies would also suffer from a decreae in tourism and damage to their primary source of revnenue, the beach.
    Duh. Before oil it was coal (and still is), before coal, it was wood, before wood, it was dead animals. Humans have always relyed on outside energy sources. However, while oil is by far the best source of energy we have ever encountered, there are serious environmental, geopolitical, and supply issues with oil now, and we need to switch. While offshore drilling won't help us accomplish this, it will give us greater control over our own oil supply and help ease the transition, especially since we are probably going to start seeing supply shortages within the next 10-15 years. Offshore drilling is a good thing.
     

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