Wednesday, July 16, 2008
President Bush has lifted the executive offshore drilling ban. And the Congressional ban is set to expire on September 30. Will Democrats continue to call for Bush to release more of the strategic oil reserves as their method of combating the recent energy crisis or will they allow the ban to expire? I think gas prices are going to erase many of the gains made my various alternative energy lobbying groups, meaning that public support is only going to increase for offshore drilling. I might be wrong, but I think Democrats will eventually cave in and allow drilling to occur. Guess we will have to wait and see.