Bush to Lift Ban on Offshore Oil Drilling

The president plans to officially lift the ban and then explain his actions in a Rose Garden statement, White House press secretary Dana Perino said. Wait, hold on. That's not the whole story: But the move, by itself, will do nothing unless Congress acts as well. [Source] The accomplish-nothing Pelosi Congress has a chance to actually do something about fuel prices. When Nancy Pelosi took became Speaker of the House a couple of years ago, she told the nation that she and her fellow Democrats had a plan to bring down the price of gasoline. Since then, the price at the pump has about doubled. The U.S. has more oil in the ground (including shale oil) than Saudi Arabia does. It makes no sense to import the stuff at $130 per barrel when we are literally sitting on so much of it right here. RELATED: Bush to Lift Ban on Oil, Gas Drilling off US Coasts (Update1) Bloomberg Bush to lift ban on some offshore oil exploration USA Today Bush Administration Rejects Regulating Greenhouse Gases Red Orbit