Tuesday, July 29, 2008

Epilogue--more energy

Another thought on energy and politicians. All polls show that gasoline prices are the biggest issue with voters. It has been interesting to watch several Democrats ,who previously opposed any increased offshore exploration, react to the polls by changing their tune--now they're saying maybe we should consider it. What burns my butt is that they are so ignorant about energy that they believe(or they're lying and think the American public doesn't know any better) you can reduce gasoline prices by starting more drilling. The fact is, it takes two to three years to bring a new well onto production (assuming it's not a dry hole) and it takes many years to add new refining capacity. Unfortunately, we can't just drill our way out of this issue, either in the near term or ever.

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