1. The New Offshore Drilling Proposal
... both sides of the aisle insist that allowing the expiration of an almost 30-year moratorium on offshore drilling will lend confidence to speculators and reduce the export of wealth to foreign oil producers, encouraging a drop in gas prices and abating our reliance on foreign oil. The well-promulgated fact that the U.S. expends approximately 25% of the world's oil, yet has domestic access to less than 3% of that oil doesn't seem to dissuade the politicians, however, including John McCain ... when profit enters the equation. The only people guaranteed to financially benefit from offshore ...
- Word Count: 706
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate