Offshore Drilling Could Help Pay Down Deficit?

Sen. Byron Dorgan on battle brewing over drilling dollars

Bush Admin Official: Offshore Drilling Plan By Obama An Attempt to Gain Votes for Massive Climate Bill

Wednesday, March 31, 2010
Fox News

President Obama, reversing a long-standing ban on most offshore drilling, unveiled a plan Wednesday to allow oil drilling off the Eastern seaboard and potentially the western coast of Florida.

While the plan is sure to rile environmentalists, the announcement comes just a day before the administration will please them -- and anger conservatives -- by cementing sweeping emissions and fuel economy standards that will impact U.S. auto manufacturers.

“The president is throwing a bone to Republicans in hopes that this will be his foot in the door to a massive climate change bill, and that’s not going to happen.”

Stossel : Why Offshore Drilling Wont Cut Prices Much

Cato Institute's Jerry Taylor argues that while economically beneficial, offshore drilling won't dramatically lower prices or lessen foreign oil dependence.

Virginia offshore Drilling a Step in the Right Direction

Former Virginia Governor Douglas Wilder on why he supports offshore drilling on Eastern coast of the United States.

Where does Obama Stand on Offshore Drilling

Obamas Stance on Offshore Drilling

The Institute for Energy Researchs Patrick Creighton on whether Mr. Obama has changed his mind on expanding U.S. drilling projects.