Bush Will Lift Offshore Drilling Ban

[Howlingwolf]

http://www.kcci.com/news/16876267/detail.html

Bush Will Lift Offshore Drilling Ban

POSTED: 9:24 am CDT July 14, 2008
UPDATED: 9:39 am CDT July 14, 2008


WASHINGTON -- The White House said Monday that President George W. Bush is planning to lift an executive ban on offshore oil drilling.

The president plans to officially lift the ban and explain his actions in a 1:30 p.m. EDT Rose Garden statement, White House press secretary Dana Perino said.

By itself, the move will not lead to more drilling off America's coastline.

Congress must still lift its own legislative ban before offshore drilling can happen.

White House press secretary Dana Perino said Bush is acting now in hopes of spurring Congress to act.

So far, lawmakers have shown no interest in doing so.

The president, in his final months of office, has responded to record gas-prices with a series of proposals, including more oil exploration. None would have immediate impact on prices at the pump, according to White House officials, who say there is no quick fix. But starting action now would help, they say.

[chicom]

Just a gesture.

Too little too late.

[dldrakar]

As we watch the inheritance of our children stolen by the actions of an incompetent and corrupt congress how long will it be before a leader calls “Enough !!!!” Will it indeed be to late?

[site59]

Just a gesture.

Too little too late. +1

I think their earlest time frame to be pumping oil out is 10years or so.
Yea that helps,

Sure I understand about planning and working for the future, but at the rate were going what will the cost of living look like in ten years and will they sell that new oil at todays prices?