The image below shows why offshore drilling won’t help to lower energy or gas prices in USA. The data comes from the US Energy Information Administration.

The EIA doesn’t expect any oil production from offshore drilling until around the year 2017. And that it won’t reach peak production until around 2030, and then it would only produce 200,000 barrels of oil per day (marked in yellow below). “This would supply a meager 1.2% of total US annual oil consumption (just 0.6% of total US energy consumption)”.

(more…)

Al Gore and the We Campaign is fighting big oil and their “drill, drill” message with a new TV ad. The new TV ad will be aired on national cable TV, and if they raise enough money they will also air it on 60 Minutes and 20/20 this coming week.

(more…)

Jacob from the blog Force Change tells us that Sarah Palin supports mining in Bristol Bay, which could threaten salmon, bears, and caribou. He lists three other major anti-green policies from Sarah Palin and comes to the conclusion that her “overall position towards the environment is quite poor.”

Gristmill also has a lengthy post about Sarah Palin and her record on issues related to energy and the environment. For example they list Sarah Palin’s support to build a natural-gas pipeline from Alaska’s North Slope and her suggestion to eliminate Alaska’s gas tax.

Gristmill also lists several quotes from Sarah Palin and from people who have reacted to her nomination. Such as this one from Gene Karpinski, the President of the League of Conservation Voters:

(more…)

Last week the Republican presidential contender John McCain announced his choice for running mate and Vice President. John McCain selected a rather unknown 44 year-old women named Sarah Palin from Alaska.

The pro-lifer Sarah Palin, a lifetime member of the NRA, was the former mayor of a town of 9,000 for nearly two years. She wants to teach creationism in schools and is “a firm believer in free market capitalism.” She is also in the centre of the “TrooperGate” scandal currently being unfolded in Alaska. During an interview with Larry Kudlow from CNBC’s “Kudlow & Co” Sarah Palin said that someone needed to explain for her “what is it exactly that the VP does every day?” According to Cindy McCain, “Palin has national security experience because Alaska is close to Russia.”

(more…)

There have been a lot of discussions about the high gas prices in USA the past months and what exactly should be done to curb this trend. Some politicians, like McCain, Bush, and Gingrich, are taking advantage of the situation and tries to push for the ending of a 27-year moratorium on offshore drilling along the coastlines of USA.

But offshore drilling is not a “quick fix” and it won’t help to lower the gas prices. The only ones that will profit from this are Bush and McCain’s friends in the oil industry. While people are suffering from the high gas prices the oil companies are reporting record profits after record profits.

Greenpeace has listed a bunch of reasons why offshore drilling is not the answer to high gas prices at the pump:

(more…)