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The Three Biggest Myths the Bush Administration Wants You to Believe About Offshore Drilling
Corporate Accountability and WorkPlace:
Today's Economic Crisis in Historical Perspective
Democracy and Elections:
More Unfinished 2008 Election Business: Verifiable Vote Counts
Steven Rosenfeld
DrugReporter:
A New Approach to Drugs Would Save New York Hundreds of Millions of Dollars
Gabriel Sayegh
Election 2008:
Franken Lawyer: "We Are Going To Win"
Sam Stein
Environment:
Forget the Polar Bears -- The Climate Crisis Is About All of Us
George Monbiot
ForeignPolicy:
Obama Needs to Make a Clean Break on Latin America
Mark Weisbrot
Health and Wellness:
Obama's Health Care Reform Plan Is Based on the Clintons' Failed 1990s Model
Marie Cocco
Hurricane Katrina:
From the Bayou to Baghdad: Mission Not Accomplished
Amy Goodman
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Immigration Reform After Bush: Let's Put an End to Punitive Policies
Roberto Lovato
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Born Digital: Understanding the First Generation of Digital Natives
Doron Taussig
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Love Bites: What Sexy Vampires Tell Us About Our Culture
Sarah Seltzer
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The Hymen Mystique
Carole Roye
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Ban the Cluster Bomb
Brian Cook
Sex and Relationships:
Sex Ed for Seniors
Sue Katz
War on Iraq:
The Dilemma of Foreign Prisoners in Iraq
Ma'ad Fayad
Water:
Corporate Water Abusers Should Not Be Trusted As Stewards of the World's Water
Wenonah Hauter
This story was written by Faiz Shakir, Amanda Terkel, Satyam Khanna, Matt Corley, Ali Frick, Benjamin Armbruster, and Brad Johnson.
Yesterday, citing the "squeeze of rising prices at the pump," President Bush rescinded the presidential moratorium on offshore drilling.
The moratorium on lease sales in the Outer Continental Shelf was established in 1990 by his father, George H.W. Bush, in response to the devastating Exxon Valdez oil spill and extended by President Clinton.
Bush's action pressures Congress to follow him in "capitulation to the oil companies" by lifting their moratorium, which must be renewed annually. In response, Rep. Edward Markey (D-MA) said at a press conference that Bush "is invoking the specter of another WMD: wells of mass deception."
At the Huffington Post, activist Martin Bosworth wrote, "Americans are smarter than we are often given credit for, and many of us do realize that destroying precious environmental resources and wildlife reserves to allow more domestic drilling is a psychological panacea -- a placebo to make us feel like 'something is being done.'"
However, polls show increasing support for expanded offshore drilling. Conservatives are preying on Americans' concern overskyrocketing gas prices by propagating false myths that drilling for oil off our coasts will allow us to "pay less" at the pump, that it's "environmentally safe," and that drilling is already underway by communist China.
Because "only real beneficiaries will be the oil companies that are trying to lock up every last acre of public land," their political allies must resort to selling falsehoods.
MYTH #1 -- 'DRILL HERE, DRILL NOW, PAY LESS'
Newt Gingrich's 527 organization, American Solutions, is promoting a "Drill Here. Drill Now. Pay Less" campaign, collecting over one million signatures on its petition to Congress to act immediately to lower gasoline prices" by authorizing the exploration of proven energy reserves" off our coasts.
American Solutions is funded by right-wing Las Vegas billionaire Sheldon Adelson, who wants Americans to place another bad bet on oil drilling. As the Energy Information Administration (EIA) has explained, "access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030."
But because United States demand for oil far outstrips production -- we consume 25 percent of the world's supply but have two percent of the proven reserves -- further exploitation of domestic resources will not have a long-term impact either. After 2030, the EIA found, "any impact on average wellhead prices is expected to be insignificant."
There are numerous ways to immediately affect prices, from use of the Strategic Petroleum Reserve to improved oversight of the oil markets. Over the long term, we must fight global warming and break our addiction to oil through modern technology like plug-in hybrids and smart growth planning.
See more stories tagged with: bush, oil, offshore drilling, drilling
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