Will offshore drilling in the US bring down the cost of gas?

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Will offshore drilling in the US bring down the cost of gas?

By PAT BAILEY

UTICA - President Bush asked Congress Wednesday to permit drilling for oil in deep waters off America's coastline to combat rising oil and gas prices. Yet will Congress accept the idea and will it really lower prices at the pump?   

When it was first proposed to them earlier this week, some Democratic members of Congress did not embrace the idea, suggesting it could take 30 years before results are seen and when they eventually are, it would only be a few pennies difference at the pump.

Ed Welsh of AAA is on top of the cost of fuel as it changes everyday. He says the world is sitting back and watching the U.S. being held, as he puts it, "hostage" by environmental concerns. Welsh says as long as were not drilling for our own oil, the cost may continue to stay where it is. He says if the U.S. were start drilling tomorrow, it could take 3 to 4 years before we see a change, but he says there would be one:

"I have no doubt that, if we were to start drilling, and go after where we know the oil is, as soon as the world thought we were serious about this the bidding of oil would start to go away," says Welsh.

In response to U.S. drilling, Congressman Michael Arcuri had this to offer:
    
"This Congress has made real strides to invest in new alternative energy sources that will decrease our dependency on finite fossil fuels and create good paying jobs in the Mohawk Valley. We need to look at who is telling us to drill...it is the oil companies... The last thing they would want is the development of alternative energy which would bring down their profits."

A barrel of oil is up around 135 dollars, and the average price per gallon in the Mohawk Valley is 4 dollars and 22 cents.

Congressman Arcuri is running for re-election this fall against Cooperstown businessman Richard Hanna.

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Tuesday, Jun 24 at 8:43 AM DUH TIME FOR SOME NUKE PLANTS wrote ...

Wake up America. Time for some nuke plants to keep this country operating. We should be powering the whole grid by it. Get the cars on electric power and use our own oil for non energy uses. Then tell OPEC and all of the other filthy crooks: "Were out! And by the way feel free to hire your own security force to protect your oil and your countries." Now if we can get big oil out of the White House we may have a start. But when we elect President Halibutron to run our country what did we expect.

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Monday, Jun 23 at 9:03 AM the big picture wrote ...

do we remember why off shore drilling isn't permited? Most people could care less about the environmental impacts of such actions. I just want to pay a few cents less fot fuel for my urban assualt vehicle (aka SUV). Yeah oil spills can be messy, but hey, that isn't in my back yard. So what do I care?! No I don't vacation in those areas that they would be opening up to drilling. Scary thing, the same people that are voting on drilling, vote down clean energy windfarms......my backyard.......

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Sunday, Jun 22 at 7:55 PM Anna wrote ...

I am happy to read the above comments! DRILL NOW...We have been playing around since the 70's! DRILL NOW...

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Sunday, Jun 22 at 4:26 PM anthony carella wrote ...

where do I vote for drilling for oil? Not user friendly

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Sunday, Jun 22 at 3:51 PM Robert Scott wrote ...

In regard to the Alaska oil the majority of it goes to Japan

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Sunday, Jun 22 at 3:45 PM Mac wrote ...

Its about time we drill for our own. Remember the Democrats in November. They are the ones, including our illustrious Rep Arcuri, who have been opposing the drilling. The eco terrorists must me stopped. I'm sorry, but we come first, not the polar bears or spotted owls.

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Saturday, Jun 21 at 6:28 PM Anonymous wrote ...

All alternative energies need to be explored and exploited, but in the 20-30 year interm we need the oil. Congress and special interest groups have sidelined the American oil companies from providing this resource. Drill, refine, and develop a plan to replace it.

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Saturday, Jun 21 at 12:11 PM We the People wrote ...

I think the American people should invest our Tax Dollars and buy Off Shore riggs..... And Build Our own Refineries and operate these properties with the help of the Federal Government. LET the Government of the American People own these riggs. It should be bought with American money ......... Lets buy these rights for ourselves and not give the rights to the oil company’s !!!!!!!!!

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Saturday, Jun 21 at 12:13 AM Richfield resident wrote ...

Yes, in about 10 years.

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Friday, Jun 20 at 8:41 PM Duh Arcuri wrote ...

Lets see, duh, more rigs, more product, duh, American production, cheaper price? duh, No that won't work

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Friday, Jun 20 at 7:42 PM Ken wrote ...

Anyone remember when the Alaska Pipeline was built? Gas didn't majicaly drop then and they won't if we increase offshore drilling. That being said I believe they will help slow the inevitible surge in oil prices. We should definetly build more refineries whether will drill or not. Every time one goes down due to a storm or fire it adversely affects the market. The obvious long term answer is to further develop electric powered vehicles. We have this big thing called the sun we can get we can use

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