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Oil!

Posted on June 19, 2008 - 9:34am at The Mundane Life of Thunder Jones
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So, the big buzz this week has to do drilling oil off-shore in order to lower our gas prices at home.

Well, that's a sham. It will take 7+ years for that oil to hit the market and, even then, it will be sold on a global market which means that US oil won't really be any cheaper for us than Saudi or Venezuelan oil.

Then again, it's time to look at energy policy. I really think that we might need to start looking at off-shore drilling as well as shale in the foreseeable future.