
Will the ban on drilling in the Outer Continental Shelf be lifted by June, 2009?
With gas prices at such high levels though American are looking for anything to help fix the situation. Obama is against the drilling while Bush and McCain support it. Drilling in the Outer Continental Shelf though would take years to set up. The new reserves wouldn't actually start pumping for some time. While the drilling may cheapen gas it wouldn't solve the fundamental problem the nation faces, getting off of oil.
Settlement details:
As reported by a major mainstream news source.
The ban must be lifted by Congress in order for the President to override the executive order protecting the Outer Continental Shelf.
The ban must be lifted for the market to settle as a yes.
Settled
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Yes |
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No |
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Suspend date: Wed 1st Jul 2009 12:59am PDT (29 weeks to go) Settlement date: Sat 27th Sep 6:19pm PDTPrediction cut-off: Predictions on this question after Wed 24th Sep 9am PDT have been voided because they were made after the question could be settled
Initial likelihoods: Yes: 20%
Action history:
Suspended pending review of breaking news.
11:55AM EDT on July 14, 2008
By ANDREW TAYLOR, Associated Press Writer
2 hours, 27 minutes ago
WASHINGTON - Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.
http://news.yahoo.com/s/ap/20080924/ap_on_go_co/offshore_drilling
http://news.yahoo.com/s/ap/20080927/ap_on_go_co/congress_spending_9
Please settle
http://news.yahoo.com/s/ap/20080927/ap_on_go_co/congress_spending_9
Apparently it is lifted
Suspend date: Wed 1st Jul 2009 12:59am PDT (29 weeks to go) Settlement date: Sat 27th Sep 6:19pm PDTPrediction cut-off: Predictions on this question after Wed 24th Sep 9am PDT have been voided because they were made after the question could be settled
more info...
Predictions (151)
151 predictions
Comments (40)
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There have never been large scale environmental disasters anywhere that were caused by drilling. In fact, drilling close to home is good for the environment. The majority of environmental disasters are caused by spills, and tankers that carry oil long distances increase the risk of another environmental disaster.
Drilling closer to home means less exposure to that risk, in addition to a supply that would be less dependant on a politically volatile part of the world.
I like oil. It's in my car, in my food, in most of the products I use and enjoy. I don't want off oil, I want more
Exactly! All the more reason to get busy NOW! We should have fixed this decades ago.
"Even if we taught a kid to read tomorrow, it would be YEARS before he graduated..."
"Even if we started a space program tomorrow, it would be years before we reached the moon..."
"Even if we declare independance on July 4, 1776, it would be years before we defeat the British..."
... and so forth, for EVERY major milestone in life or the history of this country.
“I believe in natural gas as a clean, cheap alternative to fossil fuels,” she said at one point. Natural gas “is cheap, abundant and clean compared to fossil fuels,” she said at another.
http://blogs.wsj.com/environmentalcapital/2008/08/25/fuel-for-debate-pelosi-suggests-natural-gas-isnt-a-fossil-fuel/
too funny!
http://news.yahoo.com/s/nm/20080909/pl_nm/usa_energy_congress_dc
Funny that it's only politicians that spew crap about drilling taking so long. Oil companies tap oil in as little as a year when the conditions are right. Glad to hear the speaker of the house is about to give democracy a chance.
Without getting into too much of a flame war -- This argument came up 10 years ago and our president did not allow drilling because benefits would be a decade away.
Welcome to the now!
http://www.heritage.org/research/energyandenvironment/wm2016.cfm
Be interesting to see where Joe Bama and McSame come down on this.
I'm confident that most americans see it this way which is way this question settled "no"
http://www.hubdub.com/m9649/Will_Drill_Here_Drill_Now_petition_reach_2_million_signatures_by_7152008
To answer your question:
Why are you restricted by a speed limit on highways? Didn't the politicians stop you from driving as fast as you want there?
Extreme example: Didn't they make a law which tells us killing people ain't allowed? Do you want a politician telling you how much people you can or cannot kill?
Politicians make laws. Politicians are telling us all along what we are allowed and what not.
It's their duty to protect people from doing stupid things, harm each other, and therefor to impose restrictions.
It's their job.
About the other points:
Speed limits are random. There are places with no posted speed limits. People are (and should be) responsible for their own actions. Laws do not tell us it is wrong to kill people - our own morals tell us that. Laws just give enforcement and justice departments something they can do when it happens, but I personally (and I trust most here on Hubdub) do not refrain from killing people simply because it is illegal!
Politicians make laws - many of the laws are redundant, confusing, or contradict themselves. Laws do not give moral clarity to people - in fact most people are unaware of most of the laws on the books. We make wise decisions because we are capable of it on our own.
It's our job. :-)
*It's their job
*It's our job
I will say though, that there are beaches out in California that would be improved if they would drill. There is natural seepage coming through the sand & if they would only drill, that would go away.
The legislation now goes to the Senate, where Democratic leaders are expected to mold it to their liking in the next few days.
Looks like some form of lifting is on it's way.
@all I wonder what terms the democrats will try to add on to this deal. Higher taxes and lots of restrictions on environmental effects would be my guess.
http://www.foxnews.com/story/0,2933,426764,00.html
Democrats to Let Offshore Drilling Ban Expire, Conceding Defeat in Battle With GOP
WASHINGTON — Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.
"Democrats had clung to the hope of only a partial repeal of the drilling moratorium, but the White House had promised a veto, Obey said."
""The White House has made it clear they will not accept anything with a drilling moratorium, and Democrats know we cannot afford to shut down the government over this," said Jim Manley, a spokesman for Senate Majority Leader Harry Reid."
By ANDREW TAYLOR, Associated Press Writer
2 hours, 27 minutes ago
WASHINGTON - Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.
http://news.yahoo.com/s/ap/20080924/ap_on_go_co/offshore_drilling
When I move to a country I could jog across in 2 days or has zero natural resources my outlook may change. If you own anything from IKEA you are a timber and oil hog. If you use public transportation or big electric things you are burning fossil.
http://news.yahoo.com/s/ap/20080927/ap_on_go_co/congress_spending_9
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