Environmental Protection or Low Gas Prices?

Pundits and other environmental critics say that gas prices are high because environmental regulations have prevented a new oil refinery from being built in the U.S. in 30 years. Critics also believe that increased use of oil in China and other countries is leading to limited supplies, which is contributing to high prices. Are you ready to get used to $3.00 per gallon gasoline? Drilling is also limited in the U.S. (Much of Alaska, federal lands and offshore are off limits) The Booker Rising Blog features one perspective:

WALTER WILLIAMS (Pictured Above) COMMENTARY: Gasoline Prices
The libertarian economics professor argues that when asking if gasoline prices are too high, we must ask relative to what costs?

Environmental Protection or Low Gas Prices?

Critics of environmental regulations say that gas prices are high because a new oil refinery has not been built in 30 years because of these regs. Critics also site increased use of oil in China and other countries contribute to high prices due to limited supplies. Are you ready to get used to $3.00 per gallon gasoline? Drilling is also limited in the U.S. (Much of Alaska, federal lands and offshore are off limits) The Booker Rising Blog features one perspective:

WALTER WILLIAMS COMMENTARY: Gasoline Prices
The libertarian economics professor argues that when asking if gasoline prices are too high, we must ask relative to what costs?

Arctic National Wildlife Reserve & Reparations

CBC Chair Mel Watt
Should the Congressional Black Caucus offer an amendment to the budget bill containing the ANWR drilling provision that would call for turning over the proposed drilling lands to blacks as a reparation for slavery?

Mainstream environmental groups will probably be more interested in helping the caribou than helping blacks, but should the CBC seek their assistance in supporting such a proposal? The oil companies want to get to the oil to service the American appetite, but the vote could be very close. The CBC could tilt the balance one way or the other.

The vote will be coming up in September when Congress returns from its summer recess. What do you think? Also see post below on ANWR.

More on Reparations