at the Republican Convention left some thinking, Where? In Saint Paul?).Obama in recent months has softened his opposition to lifting the congressional ban on replica Louis Vuitton watches offshore drilling, though he holds a few caveats.Advocates for offshore drilling say it is safe and will lower fuel prices in the short term while other technologies are developed. Opponents maintain it will not affect prices for years, could have disastrous environmental consequences, and takes the country’s focus off of sustainable resources.
For the environmental side, Jeff Tollefson, of Nature, answers some questions on the potential impacts of drilling. One issue he does not address is the impact of formerly undeveloped lands being tapped for oil (Economists call this a “non-use A Lange & Sohne replica watches value,” the benefit to humanity of just knowing a pristine landscape is there, and, yeah, that’s as hard to calculate as it sounds). The debate on price comes down to the distinction between oil speculation and production.
Opponents say it will take years for the oil to reach the market, and when it does it will be such an insignificant quantity that in the global scale of things it will hardly affect prices. Proponents argue that the prospect of more oil will cause oil companies to Technomarine replica watches lower prices, even though the actual oil won’t be produced for ten or more years down the road. For some different opinions on offshore drilling try here, here, here, and here.-- Micah Cratty
