Friday, July 18th, 2008
Off-Shore Drilling Pluses and Minuses
In a time of ever-increasing energy prices, this week President Bush overturned a long-standing executive order banning offshore oil exploration in certain parts of the country. The move is largely symbolic at this point, as additional congressional action would be needed to fully open up offshore oil drilling. Offshore drilling has also turned into an election-year issue, with presumptive Republican presidential candidate John McCain supporting ending the drilling ban, while the campaiGn of presumptive Democratic nominee Barack Obama is saying that opening up offshore drilling "would merely prolong the failed energy policies we have seen from Washington for thirty years." In this segment, we'll talk about the realities of offshore oil drilling. How much oil might there be? When would it be available? And what other consequences might offshore drilling have?
Guests
Robert Kaufman
Director of the Center for Energy and Environmental
Studies
Boston University
Boston, Massachusetts
Related Links
- White House transcript of President Bush discussing offshore oil exploration
- Offshore Energy & Minerals Managemen
- Offshore Energy & Minerals Management: Facts and Stats
Segment produced by:Molly Webster
Listen:
Friday, July 18th, 2008
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