John McCain and friends are banking this issue to save them, but there is so much they don’t know (or more likely chose not to mention).
This is another. Most of the drilling is for gas, not petroleum.
A Push to Wrest More Oil From Land, but Most New Wells Are for Natural Gas. By Felicity Barranger. New York Times.
Regarding domestic discoveries of oil, those who think new petroleum discoveries in the U.S. will bring down the price of gasoline, they should read this article five times and post it on their wall.
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Ralph Maughan
Dr. Ralph Maughan is professor emeritus of political science at Idaho State University with specialties in natural resource politics, public opinion, interest groups, political parties, voting and elections. Aside from academic publications, he is author or co-author of three hiking/backpacking guides, and he is past President of the Western Watersheds Project.
The drilling frenzy has arrived — again — in Pennsylvania, where state forest lands are among the new targets — for natural gas.
With the increased supply of nat. gas shouldnt the price go down instead of up as they predict for this winter?