President George W Bush has called on Congress to end a 27-year ban on drilling for oil in US coastal waters, to reduce dependence on imports.
Mr Bush said existing restrictions on offshore drilling were "outdated and counter-productive".
His move comes as US consumers are calling for action to tackle high oil prices that have pushed prices at the pump to more than $4 (£2) a gallon....
Republican John McCain favours offshore oil drilling, whereas his Democratic rival, Barack Obama, opposes it.
At least McCain is opposed to drilling in the Arctic National Wildlife Refuge, but how long will that position last?
No comments:
Post a Comment