I was sent this post in an email from a friend in New York.
If gasoline were selling for $2 a gallon today, President Bush’s decision to lift the ban on oil drilling off the Atlantic and Pacific coasts most likely would have caused an uproar. But with gasoline at more than $4 a gallon, and seemingly rising every day, the response to Mr. Bush’s directive has been muted at best. At worst, it is drawing support from various circles, including Congress, as lawmakers react to the growing public alarm over energy costs.
But this is a time for responsible leadership, and Congress must rise to the occasion. It’s one thing for Mr. Bush to seize an opportunity to open more acreage to the oil companies. He’s been pro-exploration from the moment he entered the Oval Office. But it’s quite another for responsible members of Congress to start wavering on the issue of offshore drilling out of fear of voter backlash at home. They need to stand firm.
Increasing the supply of domestic oil is, at best, a feeble solution to a global energy crisis. Under Mr. Bush’s plan, oil companies would be able to drill for an estimated 10 billion barrels of oil pinpointed in areas now off limits to drilling. But even if such a rich source materialized and were tapped, there is no guarantee the oil would flow to the U.S. market. Instead, it would become part of the global oil supply and subject to the price fluctuations of global demand. Assuming there is no let-up in demand by China and India, the impact on prices would be minimal at best. Meanwhile, the U.S. coastal landscape would be degraded.
If only some lawmakers would talk bluntly about this issue. If only some of them would dare to say that even though $4-a-gallon gasoline is a burden on most family budgets, it is, in its own way, a blessing as well. The higher cost of fuel has made Americans more conservation conscious. It has all but driven the gas-guzzling SUV into extinction. It has increased ridership on mass transit systems. It has made cities more attractive for workers to live in, and the suburbs, along with their daily commutes, less attractive. If that trend continues, suburban and ex-urban sprawl may at last be curbed.
Then there are the health benefits. If Americans drive less and burn less fuel, the air will be cleaner and there will be fewer respiratory ailments. And there are economic benefits. Fewer cars means less wear and tear on the infrastructure, and thus less cost for maintenance and repair.
Congress can make these points, and more, by refusing to go along with Mr. Bush and lift the drilling moratorium. That is to say, Congress must act responsibly even if Mr. Bush refuses to do so.