"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Bush Lifts Executive Ban on Off-Shore Oil Drilling
Submitted by strike on Mon, 2008-07-14 16:00
??If we were to drill today, realistically speaking, we should not expect a barrel of oil coming out of this new resource for three years, maybe even five years, so let's not kid ourselves?, said Fadel Gheit, oil and gas analyst with Oppenheimer & Co. Equity Capital Markets Division.? The government has no right to exercise the prerogatives of ownership of natural resources in the first place; they should be liberated to a genuinely free market.
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