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June 24, 2008

Oil Drilling In ANWAR Alaska NOW!

I have long been in favor of oil drilling in ANWR Alaska, which in reality is a very small place within what is most of the year a frozen tundra.  The benefits greatly outweigh the negatives in this case and we must do everything we can to eliminate our need for foreign oil and lower the price of fuel.  It's critical to our economy and our security.  Critics argue the environmental impact or the amount of time it will take to see any benefit of drilling.. but the time for action on all fronts is now.. MORE drilling both in ANWR and offshore, subsidies for renewable energies and nuclear power, larger tax breaks for electric cars, widespread education on the importance of "green" living.  No, one piece won't solve all the problems, but put together and tackling the issue from all sides can make a huge difference. 

Investors Business Daily pens editorials on the ANWR drilling debate all the time and I found the article over the weekend a good read.  They criticize Democrats for their foolish attempts to solve higher fuel prices by taxing oil companies and the argument that increased offshore drilling will only bring down gas prices by a few cents.  IBD argues for letting the free market work and that by allowing drilling might just drive away oil speculators and drop oil to reasonable levels.. whatever that is these days!  It will be very interesting to see Obama (for bigger government and more regulation) debate McCains "let the market do its thing" over the next 6 months. 

If you'd like to see Congress quit blaming others and do something about our energy policy, consider signing the "Drill Here, Drill Now, Pay Less" petition.

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