Obama Has Opportunity to Reverse Mistake on Offshore Drilling

by: Mark Weisbrot  |  The Center for Economic and Policy Research

Obama Has Opportunity to Reverse Mistake on Offshore Drilling
An offshore oil platform in the Gulf of Mexico. Soaring gasoline prices and political manipulation during the 2008 presidential race were factors in allowing the 27-year ban on offshore oil drilling to lapse. (Photo: Anadarko Petroleum / Bloomberg News)

    Campaigning in Florida last June as a presidential candidate, then-Senator Barack Obama blasted the proposal of his opponent, Senator John McCain, to open coastal areas of the United States to offshore drilling. Declaring that it "makes no sense at all," Obama correctly stated that such drilling would make very little difference in the price of gasoline, and supported a reduction of fossil fuel use through a stimulus program that would create "green jobs."

    But as gasoline prices soared past $4 a gallon and the Republicans campaigned on the issue of "drill here, drill now," the Democratic leadership softened its position. The end result was that a 27-year ban on drilling in coastal areas off the United States was allowed to expire.

    President Obama now has an opportunity to reverse this mistake by re-instituting the prior protection of our coastal environment.

    Offshore drilling has resulted in millions of gallons of oil spills and other forms of pollution. The expansion of offshore drilling is widely seen as a threat to the coastal environment, as well as tourism and fishing industries. It is also a misplaced priority, given the need for the development of renewable energy, increased energy efficiency, and other solutions that will slow the pace of global climate change.

    The way in which the ban on offshore drilling was allowed to expire offers a remarkable case study in the techniques of modern political manipulation. Perhaps even more striking is the way in which the major media outlets enabled this mass deception to succeed, by shirking their fundamental responsibility to report the most relevant facts.

    The McCain campaign took advantage of voters' anger over rising gasoline prices with attack ads directly blaming Obama. "Gas prices - $4, $5, no end in sight, because some in Washington are still saying no to drilling in America," blared one influential McCain TV ad.

    McCain made offshore drilling a major issue in the campaign at the time. But there was no empirical basis for the idea that lifting the ban on offshore drilling would significantly affect gasoline prices. Projections from the U.S. Department of Energy's Energy Information Agency (EIA) found that such drilling would increase world production by about one-fifth of one percent - twenty years from now. The EIA concluded that this was too small to have any significant effect on oil prices.

    But most Americans would never get this information. Of 267 major television programs that mentioned the proposed drilling between June 16 and August 9, 2008, only one cited the EIA finding.

    As a result, the McCain effort succeeded in shaping public opinion. By the end of July, 69 percent of respondents favored such expanded drilling, and 51 percent said that they believed that "federal laws that prohibit increased drilling for oil offshore or in wilderness areas" were a "major cause of the recent increase in gasoline prices." The response of political candidates to the election-year pressure of misinformed public opinion then led to the change in policy.

    But Barack Obama emerged as the winner, and he now has the bully pulpit as president and approval ratings over 80 percent. Gasoline prices are back down to $2.07 a gallon. It shouldn't be too difficult for him, together with the Democratic Congressional leadership, to simply explain the truth of the matter and re-institute the ban on offshore drilling.

    If President Obama is to deliver on his promise of change, he will have to correct a number of major mistakes that were based on the mass dissemination of lies - including most obviously the Iraq war. Restoring the protection of our coastal areas is an easy one. He should do it immediately.

    -------

    This article has been previously published by McClatchy Tribune Information Services and The Boston Herald.

    Mark Weisbrot is co-director of the Center for Economic and Policy Research, in Washington, D.C. He received his Ph.D. in economics from the University of Michigan. He is co-author, with Dean Baker, of Social Security: The Phony Crisis (University of Chicago Press, 2000), and has written numerous research papers on economic policy. He is also president of Just Foreign Policy.

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Don't hold your

Don't hold your breath. Anyway, Rahm would not okay it. Furthermore, it's probably a tenet of the "clean coal" stokers that "clean offshore drilling" is a needed adjunct to "clean coal". "Clean Coal", clean government, change we can deceive in!


Midst a peaceful transfer of

Midst a peaceful transfer of power, it is gratifying to think that the lies will be shared, the truth known, and just maybe we'll be closer to saving our oceans, all that dwell within them, and . . .and just maybe we can start actually cleaning up our oceans, rivers, creeks, and saving public drinking water, too, as a part of the green jobs efforts.


" President Obama now has an

" President Obama now has an opportunity to reverse this mistake by re-instituting the prior protection of our coastal environment. " Don't hold your breath, Mark.


If we are going to start

If we are going to start telling the truth and debunking the lies, the first thing that has to be made clear is that speculation - not a shortage of oil - is what drove the price of petroleum products so high last summer. The speculators included among others Goldman-Sachs and Merril Lynch who are now being bailed out at taxpayer expense. One more example of the robber barrens running the kleptocracy that is know as the free enterprise system. The same robber barrens who bought and closed small family operated coal mines in Appalachia to drive up the price so that it would be cheaper to heat a house with oil rather than coal.


If we are about truth let's

If we are about truth let's acknowledge that offshore drilling is offensive to rich people with shore front property and they are leading the kneejerk tree huggers by the nose on this issue. But environmentally it is way, way, better on many fronts to practice offshore drilling along all of our coasts than importing oil from overseas. Offshore drilling can be local, it can be nationally secure, and fish love the drilling rigs as sanctuaries which fisherman have known for years. Also whooping cranes have come back where they were R and E on the Gulf Coast due to an increase in offshore drilling which led to an increase in natural fish estuaries. Fact: 99.9% of all oil leakage is due to tankers, not offshore drilling. So everyone who drives a car or takes motorized transportation this week should get a grip. Rich people can learn to appreciate the aesthetics of drilling rigs until they learn how to be self sustainable and stop dodging their taxes and destroying our economy and keeping us from being able to invest in greener technology. Just the truth. Stop the hype


The American creed seems to

The American creed seems to be "no, we can't". Such as: "No, we can't extract off-shore oil in an environmentally friendly way, the way Norwegians do." "No, we can't build nuclear reactors on time and on budget, as the french, chinese and japanese do." or "No, we can't double the price of gasoline by taxes, as the Europeans do. Instead we must pay as just as much they do at the pump due to half the fuel efficiency."


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