“Silence will save me from being wrong (and foolish), but it will also deprive me of the possibility of being right.” -- Igor Stravinsky
Monday, July 28, 2008
ANWR Drilling Would Provide Quick Relief
People have been ridiculing Bush and McCain for the "psychological" benefits of offshore drilling, perhaps correctly. But I explain in this piece that opening up more US federal lands to drilling would provide tangible relief right away, because producers with excess capacity would pump more in the present (expecting lower future prices).