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Obama believes that drilling in open areas would increase domestic oil and gas production. Obama states that he “will require oil companies to diligently develop these leases or turn them over so that another company can develop them.†(ObamaBidenPDF) It is clear that both candidates have opposite opinion of offshore drilling...
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The question is whether this offshore drilling will cause foreign issues or will it not be valuable enough? There are many questions about having offshore drilling or not having it. We’ll find out the next four years to see if it has notable effects.
In terms of time, four years are very short and the next four are going to be one of the most crucial four years in recent time...
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