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Old August 28th, 2008, 01:09 PM   #3
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I don't have a problem with the drilling as long as it is done in a responsible manner.

My problem is with the argument that allowing drilling in these new places like the Great Lakes or along the outer continental shelf off of Florida would produce some sort of huge immediate and sustained reduction in prices of oil or natural gas. From what I have read, specifically regarding drilling off the Florida coast, it would be much more expensive to drill there because the water is so deep compared to other places that drilling already occurs. Once the law gets changed, it would still take the companies years to develop and test the technology that would make drilling there economically feasible.
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