Your online community for ETRM Software.
Main Menu
Members Only
ETRM Site Supporters
Login
Username:

Password:


Lost Password?
Register now!
ETRM Book 2
Untitled Document
Selecting and
Implementing
Energy Trading,
Transaction and
Risk Management
Software

– A Primer –
Authored & Edited by
Patrick Reames
and Dr. GM Vasey
Sponsored by Deloitte,
Sapient and Structure
ETRM Book
Untitled Document
Trends in Energy
Trading,
Transaction &
Risk Management
Software

– A Primer –
Edited by
Dr. GM Vasey
and Andrew Bruce
Sponsored by Allegro and SAS/RiskAdvisory

Offshore Drilling - Congress isn’t Representing Us

Filed under: Energy, Commodities, General, Risk ManagementPatrick Reames | June 17, 2008 @ 12:45 pm (Views: 206)

A new poll conducted by the research group Rasmussen Reports tells us that 67% of voters believe that drilling should be allowed off the coasts of California, Florida and other states. 18% disagreed and 15% couldn’t decide. 85% of conservatives and 59% of moderate voters strongly support drilling, while 46% of liberals are in favor (even though 37% of liberals oppose it, leaving some 17% unsure).

Why do we see such agreement? It’s simple, 64% of voters who responded believe that offshore drilling will make it “at least somewhat likely” that gas prices will go down if offshore oil drilling is allowed, compared to 27% who don't believe it.

So, if a vast majority of the US voters agree, how is it that we have a congress more interested in punishing oil companies via acts of stupidity like windfall profits taxes than taking concrete steps to alleviating the pain at the pump and providing some breathing room to our economy as we transition to a future less reliant on crude supplies from hostile countries.

Leave a comment

Sorry, you must be logged in to post a comment.


Search
Sponsored By
 
Latest Member Files
Advertising
ETRM Software Community © 2006 - Website Design by Inreason Media