The concern about the spike in gasoline prices is making its way to Congress.
Democrats in the House of Representatives are preparing legislation that might relax the ban on drilling for oil off our coasts.
The legislation will ask utility companies to also seek power from renewable sources, and provide tax incentives for alternative energy like wind power.
"The tax credits that are currently given to the oil companies, approximately 15 billion dollars, can be utilized for renewable energy objectives." said Roger Shew, professor of environmental studies at UNCW.
The prospect of relaxing the restrictions is drawing strong opposition from those concerned about the environment. They argue that offshore drilling will not help reduce oil prices.


Google Tarballs and Texas
If you grew up in the Fifties and Sixties...
Sure you "survived", but why
Tell us about the alternatives.....
NC has very few things that
Offshore drilling
You must be thinking
Wake up call!
...and their argument is nonsense
...or is the Democrat's plan
Our last major oil spill from offshore drilling
Oil spill
I happened upon this post (I know its a few years old) and couldn't help but to comment. The one thing I learned is greed is thriving.
Greed?
What does greed have to do with the current situation?
Greed makes BP, RIG, and HAL rejoice at a million dollars worth of oil floating away every third day?
Their greed makes them overjoyed at ten years of pending litigation that will cost them billions?
You act as if this was intentional.
Tell me - when a commercial airliner crashes, and keep in mind that that's one of the most heavily regulated areas in federal law, is that always due to the airline's greed?
We will learn from this accident the same as we learned from Santa Barabara and Piper Alpha.
Meanwhile, show me any other industry that has a safety record to match offshore drilling....and ask yourself if the federal ban on flaring contributed to this disaster.
I'd love to read your post if you were sitting in mile-long lines to buy gasoline, as we were in 1973. It's SOOOOOOO easy to hate the oil companies without every thinking of their contribution to building America. This country was built on oil, coal, and natural gas.
You can hate that fact and the oil companies as much as your little heart desires, but you need them and will for many years to come.
What you don't understand
Time to crack the books and study
How about the Republicans
It sure looks like it's already destroyed
Oil spill !!! It is a unnatural disaster,
Okay first things first the goverment needs to take over !!!
They take taxes out of the sale they approve the drilling.I say clean it up ! Back charge oil company for the cost.Take charge and share the responsablity.
Takeover the drilling off shore if needed.
There are Endangered Animals in the ocean that are migrating from all over the world.
Sea turtles are global swimmers that come here to lay there eggs which are supposed to be protected.
This is a world issue.
You want the government to take over drilling?
What in the world makes you think that the government knows anything about drilling for oil? If companies like Transocean, BP, and Haliburton, who have been doing this for decades can have a major accident, how do you think the government will do?
With the current gang that can't shoot straight in charge, odds say that they'd blow billions of dollars drilling and never find any oil.
BTW, an oil spill in warmer waters is not comparable to the colder waters of Prince William Sound. The Ixtoc blowout dumped about 420,000 gallons of oil a day into the Gulf of Mexico for nine months, and the environmental impact was non-existent save for one lost tourist season on the Texas and Mexican beaches.
The oil breaks down much faster in warm water and estimates are that as much as a third of the oil spilled since last month may have already evaporated.
I feel bad for the birds and marine mammals as well, but the simple fact is that we need this oil. We learned a lot from Santa Barbara in '69 and we'll learn a lot from this, too.