Monday, June 16, 2008

Let's Increase Drilling and the Supply of US Domestic Oil and Get Price at the Pump Down

Business people must recognize that we have a serious problem in the US with the price of oil and gas at the pump.

The Democrats in US Congress are keeping us from exploring and drilling for domestic oil. And they are helping to limit our domestic supply.

The U.S. House and its appropriations committee (lead by Democrats) refused during the week of June 11, 2008, to lift the ban on oil exploration on the outer continental shelf (at least 50 miles from American shores).

We need to get more domestic oil. We need to increase US oil production and get price at the gas pump down. Drilling for oil is a way to accomplish that.

Let's tap our own US resources for oil. Otherwise, the international price of oil will rise to $250 a barrel, and we will be paying more than $10 a gallon at the pump.

Posted by Harrison K. Long, Explore Properties Group, Coldwell Banker Previews

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