3/31/10

Drill Barry Drill

One of the quickest ways to relieve costs at the pump and eventually our dependence on terrorist-supporting foreign oil is to drill at home. The president's announcement this morning that he will allow drilling off the coast of Virginia and elsewhere should not come as a surprise. In 2008 he stated he was willing to consider a compromise on the drilling issue. He also stated that drilling doesn't bring an immediate relief, which is very true. It will take years to get the reserves located off the coast of VA to our fueling stations. The alternative very well might be to do nothing and that is something we cannot afford.

Strings will come attached to this deal I can guarantee that. Increased drilling exploration along with a national energy policy that alleviates our addiction to oil energy is paramount. I don't think you can do one without the other; at least I hope we don't do one without the other. Will it garner any Republican support? Very doubtful.

*Update:

Quick email from a friend:
Not sure how to take your drill barry drill post this morning. How can you support more drilling and still call yourself a progressive? Don't you think this only exasperates the problem? We aren't just addicted to foreign oil but oil. This is just another move by a president that seems intent on pleasing Republicans more than the people who elected him. Please tell me there's something Obama can do that you disagree with.
A few points and then I have to get to some meetings.

I've always supported more drilling. Long before Obama came onto the national scene. One of my earliest posts on the subject I link to above. I don't see any other way to get more oil into the market other than increased drilling. Sadly, oil is what we are addicted to. We have done nothing to break our addiction. And let me be clear about this. This is something the Clinton administration failed at. He cut many deals with many oilmen and the auto industry to ensure that the next generation would consume more oil than the last. This is a progressive failure all around. So what do we do?

We open up more drilling and we also enforce a national energy policy that moves us away from oil energy. It will take time. Decades to be exact. But we have to start now. In the meantime, allowing gas prices to go through the roof only slows economic growth, which is something we cannot afford. Get more oil into the markets and prepare ourselves for a future that thrives on alternative energy sources. It's not impossible. Those who would rather see a national collapse based on high gas prices are no different than Republicans who have been cheering for Obama to fail. We either get through this or we don't. But wishing for an economic collapse that would engulf the whole world is an epic disaster never witnessed before. I would much prefer drilling guided by a policy that plans for the future.