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Ben Stein How Not to Ruin Your Life

Ben Stein, How Not to Ruin Your Life

Drill, Baby, Drill

by Ben Stein

Very Good (2380 Ratings)
3.264278/5
Posted on Monday, September 29, 2008, 12:00AM

Remember a few months ago when oil was heading ever higher, gasoline reached
unheard of prices, and Americans were essentially hysterical? Remember when
Americans demanded, actually screamed in the politicians' ears that we wanted to
drill in our offshore areas?

Remember when poll after poll said Americans wanted to pass over the objections from multi-millionaire beachfront movie star home owners and actually do something for the good of America as a whole? Remember the politicians promising they would heed the words of their constituents?

Well, the politicians apparently don't remember it at all.

Amazingly, the Democrat-controlled House of Representatives gave the American people a firm slap in the face while it planted a big wet sloppy kiss on the lips of Hollywood's glitterati. On September 16th, the House of Representatives narrowly passed Speaker Nancy Pelosi's comically named "Access" Bill. This past Saturday, the Senate approved the lifting of the 26-year ban on new offshore oil drilling. In the guise of doing what America wants Speaker Pelosi's bill does the following:

* Places off limits areas within fifty miles of the coast line, where 80 percent of the oil and gas deposits are. This bill, if it becomes law, will place these energy rich areas off limits permanently.

* Places off limits such energy rich areas as the Destin Dome off Florida and the super-rich areas off the coast of California on a permanent basis.

* In a gesture of what she probably thought was courage, Speaker Pelosi allows drilling on seven percent of the acreage offshore in the most difficult, deep water areas, one hundred or more miles offshore.

* If state legislatures sign on, drilling would be allowed in a further 12 percent of the untapped areas between 50 and 100 miles offshore -- again, difficult areas to explore and difficult areas in which to drill.

This is a bad joke. Why are we doing this to ourselves? What is the utility of making us ever weaker, more vulnerable, and dependent upon people who hate us?

This is a bill that cries out for veto or massive revision. It's just a bill to curry favor with the beautiful people, not with ordinary citizens. It is exactly what we do not need, which is vastly more drilling and production of American oil and gas in American waters.

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1403 Comments

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  • Yahoo! Finance User - Monday, September 29, 2008, 12:12PM ET  Report Abuse

    • Overall: 1/5

    ben, you need to take a little less of that toxic concaction that Republican feed you and start to inhale more or the fresh thought. You of all people should know, what the masses want is not necessarily good for the country.

  • Yahoo! Finance User - Monday, September 29, 2008, 12:15PM ET  Report Abuse

    • Overall: 5/5

    We're ignorant not to drill.

  • Yahoo! Finance User - Monday, September 29, 2008, 12:17PM ET  Report Abuse

    • Overall: 1/5

    Wow, it's almost like he's an economist, but really a shill. The Florida part of his rant is a non-starter, as the State would also have to OK drilling, right off-shore, and they have basically said "Why would we jeopardize our trillion dollar tourist industry for the billion dollar oil industry?" And they have every right to ask that. And ask Californians if they want drilling within 50 miles of shore. Go ahead, I'll wait. Oh, and let's ask the oil companies is they are interested in selling the oil strictly within the US or if they'll put it onto the world market. And how long it will take to get the infrastructure built. And how much it will cost. And if they are expecting government subsidies to do it. He's right, though. The bill is a joke, but then so was the entire concept.

  • Yahoo! Finance User - Monday, September 29, 2008, 12:17PM ET  Report Abuse

    • Overall: 5/5

    I love this "trap". We don't need to drill more oil. We need to find other, non-invasive ways and suffer higher prices until we do. Pain brings about change. We should have been progressing our energy technology after the 80's crisis, but low prices brought about complacency. Thank you Nancy...even though your intentions weren't right.

  • Yahoo! Finance User - Monday, September 29, 2008, 12:18PM ET  Report Abuse

    • Overall: 2/5

    Drilling is a finger in the dike. There is a finite amount of oil to be had period. 50 years, maybe 60 and it is gone. What we really need is vision in Washington to develop serious long-term energy plans. Unfortunately, the system in Washington is broken and all that our elected representative do from day one is start lining up the lobbyists to fund their next re-election campaign.

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