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Posted: July 3, 2008

Republican state senators call for domestic drilling

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Dole supporting offshore drilling

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Dole supporting offshore drilling

Raleigh, N.C. — State senators added their voices to the growing support for offshore drilling in a letter outlining a plan to increase domestic oil production.

The Republican Senate Caucus's plan includes exploration and drilling for oil and natural gas 45 to 100 miles off the North Carolina coast.

Letters were sent to North Carolina's Congressional delegation, President George W. Bush, as well as presumptive presidential candidates Sen. John McCain, R-Ariz., and Sen. Barack Obama, D-Ill.

U.S. Sen. Elizabeth Dole, R-N.C., and Republican candidate for governor, Charlotte Mayor Pat McCrory have also expressed support for off-shore drilling.

RELATED TOPICS: Barack Obama, Offshore Drilling Restrictions

Copyright 2011 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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6 Comments


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Like I posted in previous stories about off-shore drilling, I am against it. It is very speculative and expensive, with no possible gains for almost a decade if the oil is "struck". It would be better to invest in alternate energy technologies, which have higher gains of return with little negative impact to the environment. Plus, existing oil fields should be exploited to their fullest potential.
jse830fcnawa030klgmvnnaw+
July 7, 2008 7:47 p.m.
That's right, blackdog, and wonder who's behind the speculators?
davidgnews
July 3, 2008 7:28 p.m.
We are not likely to see any drop in fuel prices until the dollar gets stronger against the yen and euro, regardless of domestic production, which is at least a decade away. Production from ANWAR is also a guess at best and geologists are not optomistic due to the dwindling production at Prudhoe Bay occuring since 1988. But the biggest factor is the speculative market factoring the value of the dollar.
blackdog
July 3, 2008 5:42 p.m.
Got any numbers to back that up, Worland?
davidgnews
July 3, 2008 5:18 p.m.
Drilling more domestic oil is a win-win proposition for the economy. Domestic oil will offset the high price of foreign oil and lower the cost of gas (domestic oil is why we're paying $4 a gallon and not $6 a gallon at the moment). Not to mention, shale oil production alone will create 10,000 medium/high paying jobs.
Worland
July 3, 2008 5:10 p.m.
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