The Daily Graphic: Drill Baby, Drill is Over Baby, Over
Good story over at the New York Times on the slowdown in oil drilling and exploration as energy prices have fallen off the cliff over the past several months.
Good story over at the New York Times on the slowdown in oil drilling and exploration as energy prices have fallen off the cliff over the past several months.
Yes, it is ‘over, baby, over’ as you say. Less profit = less incentive to produce.
What do you suppose will happen when global oil demand picks up? Gas prices up? Seems logical…who will be blamed now that Democrats are in charge?
Related post here:
http://fmpolitics.blogspot.com/2009/03/power-of-dis-incentives.html