SMRs and AMRs

Friday, August 29, 2008

Sarah Palin: A Champion For Big Oil

from The Wonk Room
ThinkProgress

Our guest bloggers are Daniel J. Weiss, a Senior Fellow and Director of Climate Strategy at the Center for American Progress Action Fund, and James Kvaal, a Senior Fellow at the Center for American Progress Action Fund.

With the choice of Gov. Sarah Palin (R-AK) as his running mate, Sen. John McCain (R-AZ) is not backing down from oil drilling. Palin is a champion for drilling, the Bush-Cheney approach to energy policy that brought us $4.00-per-gallon gasoline and the rising threat of global warming.

Like McCain, Palin believes that oil drilling is the only solution to our energy problems. “I beg to disagree with any candidate who would say we can’t drill our way out of our problem,” she says. She supports more drilling in protected areas of the Outer Continental Shelf and the Alaska Natural Wildlife Refuge, once attacking McCain for his “close-mindedness on ANWR.”

But the Department of Energy believes that offshore drilling “would not have a significant impact on domestic crude oil and natural gas production or prices before 2030.” Moreover, about three-quarters of all the oil in public lands in the continental U.S. are already open to drilling – and yet only one quarter of this oil is under production. Opening the Arctic Refuge would cut gasoline prices by two cents in 17 years. For that, Palin would destroy the home of America’s native polar bears. Not even T. Boone Pickens still thinks we can drill our way out of this crisis.

(Continued here.)

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