CNN: Oil companies not drilling in already leased offshore fields

While the debate about whether ending the federal ban on offshore oil drilling rages on, CNNMoney did this nice little bit of reporting:
Of the 90 million offshore acres the industry has leases to, mostly in the Gulf of Mexico, it is estimated that upwards of 70 million are not producing oil, according to both Democrats [...]

Friedman: W is “Addict-in-Chief”

The brilliant Thomas Friedman wrote this today in The New York Times:
Actually, it’s more sophisticated than that: Get Saudi Arabia, our chief oil pusher, to up our dosage for a little while and bring down the oil price just enough so the renewable energy alternatives can’t totally take off. Then try to strong arm Congress [...]

RepublicLies: “Drilling will lower gas prices”

Earlier this week John McCain made a speech in which he called for ending the 27-year-old federal ban on offshore oil drilling. McCain said lifting the ban would allow for the production for more oil and would thus reduce gas prices.
Before looking at what McCain said, let it be known that the Republican candidate had, [...]