"Why don't you explain what the Democratic anti-drilling program is going to do for us?"
Saving some of what little we have left plus maybe saving environment.
If its "you can't drill now, but we will let you drill in all these places several decades down the line" (and not just saying that, or even meaning it, but really having it be true) then it might be "saving some of what we have left". But a lot of anti-drilling is "no drilling ever", making areas off limits to drilling.
As for "maybe saving the environment", lower domestic production means increased demand for imports, which incentivizes more drilling elsewhere, and requires more oil be shipped across the oceans in tankers, which likely combine to cause more environmental damage than drilling in American territory would cause.
Is it the anti-drilling program that is causing the price of gasoline to head for $4?
If you mean current anti-drilling policies and politics, and current prices, its a tiny indirect factor, and near zero direct factor. But past anti-drilling policies and politics effect today's prices to a greater extent, and current ones will effect future prices. Still not necessarily the dominant factor (assuming these policies are US only, with only a declining minority of the world's oil being produced in the US, which would be the case no matter what are drilling policies are). |
