Posted By: Nick
So Politico has this story up about how the Democrats in the Senate are just about ready to capitulate on offshore drilling. This is so incredibly stupid on so many levels and serves as a good example of what’s wrong with the Democratic Party. In my previous post I mentioned that we should cut Obama some slack for compromising here and there if it’ll get him elected. I don’t want that to be confused with compromising EVERYWHERE and especially on issues like this that Democrats can win by taking the intelligent position.
Offshore drilling is bad policy:
The Environment: This is actually not the biggest reason that offshore drilling is dumb. But it is a factor in the whole picture. Oil spills are extremely harmful to the environment and very costly (both in terms of cleanup and in terms of lost tourism dollars for the affected areas). While technology has improved and spills are less likely, the risk is still there, and the consequences are very harmful. Oh, and don’t forget the whole global warming thing. More oil means more warming.
Oil Prices: This is the big issue. The argument is that if we increase the supply of oil (by drilling offshore), prices will go down. Basic supply and demand. Pretty simple logic right? Except for the fact that drilling offshore will not lower oil prices. Most estimates are that it will take anywhere from 10-20 years before any oil is coming in from new oil rigs. In the meantime, we continue our current situation of ever-increasing oil prices. Furthermore, the amount of oil that will be produced is such a minor increase in world supply that prices will barely change. Basically it’ll save you a few cents/gallon for gas. The whole issue is a Republican attempt to sell something that sounds great (More Oil! Cheaper Gas!) to help their election chances.
Alternative (Green) Energy: Finally, increased oil production only serves to make us less likely to invest in alternative fuels. None of us like paying $4/gallon for gas (it’s actually closer to $5/gallon here in CA), but the benefit of expensive oil is that it creates incentive to research and develop alternative energy sources. If we drill offshore, drill in ANWR, convince OPEC to massively increase production, and somehow get oil prices back to a more reasonable level (not likely even if all of that occurs), then suddenly it’s not a good investment to spend money researching alternatives. It merely prolongs our problem.
National Security: This is an issue that isn’t brought up as much as it should be. Our military runs on oil. Other than the nuclear reactors that power our submarines and aircraft carriers, pretty much anything else that moves, moves because of oil. If oil runs out (or we can’t afford it), then we effectively have no military. We need alternatives ASAP. This is something that I would think both parties could understand and work to resolve, but few people are talking about it.
We need to break our addiction from oil and we need to do it now. Drilling for oil offshore is not a solution, it’s a political stunt that will severely harm our nation in a number of ways. Democrats need to take the lead on this issue; they need to explain why it’s bad policy, and then they need to offer a clear and intelligent energy plan as an alternative. Democrats can win on this issue, but only if they have the courage to lead.
UPDATE: Speaker Pelosi does the right thing and strongly condemns Offshore Drilling.
“This call for drilling in areas that are protected is a hoax, it’s an absolute hoax on the part of the Republicans and this administration” Pelosi said at her weekly press conference. “It’s a decoy to punt your attention away from the fact that their policies have produced $4-a-gallon gasoline.”
Good to see someone in the Democratic Leadership taking the right position on this issue. Too bad Harry Reid won’t do the same.