Doug from Acton

Can Offshore Drilling Bring Down Gas Prices?

The same people opposing shale oil development; nuclear power expansion; coal fired power plant construction; off shore drilling and Anwar Alaska development are demanding curbs on oil futures trading. This energy supply opposition is a superfecta for futures traders. When the worlds largest consumer of energy has it's hands tied to resolve supply shortages, it's a green light that oil prices are under extreme upward pressure. Untie the hands of energy companies, apply reasonable limits on power plant emissions and get out of the way of stampeding free enterprise. American industry will resolve supply needs, futures traders seeing massive supply relief will quickly close their long positions and gas prices will drop sharply. Fundamental! Elemental!