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It is an interesting twist. While I disagree and was hoping the Dems would have denied it, they did alter the bill limiting offshore drilling to beyond 50 miles from the coast. Since most of the known oil deposits are within the 50 mile lines, the Republicans were pissed off.
My opinion is we don't really need to open up new areas for drilling simply because as I understand it, the oil companies already have lots of existing places they haven't yet tapped. So they should drill there first before we talk about opening up new ares for oil exploration. In the meantime, then we should be exploring other alternatives aggressively.
In any event, oil has been dropping steadily. We are near the $90 mark if not below. That's a $60 dollar drop since the "panic" began.
And yes, I think Pelosi should have stood her ground. They really need some tough action there.
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