GULF OIL DISASTER/OFFSHORE OIL DRILLING
You Knew It Was Only a Matter of Time.......
Summit, Participant Nab Rights to NYT Article About Oil-Rig Explosion in Gulf of Mexico
Napolitano Pushes Myth That Increased Oil Drilling "Would Lower The Price Of Gasoline Tomorrow"
"According to the Department of Energy's 2009 Annual Energy Outlook, limited access to offshore oil drilling would lead to "a small increase in world oil prices," including "3 cents per gallon" for gasoline in 2030. The DOE estimated that limited access to offshore oil drilling would not affect the price of gasoline before 2020.
In December, PolitiFact analyzed the statement that a "5 percent increase in domestic production would increase the world supply by less than 1 percent and do almost nothing to our dependence on foreign oil. This would also have virtually no effect on the price of gas at the pump.""
