White House

June 18, 2008

Bush call for offshore oil drilling likely to go nowhere

President Bush proposed Wednesday to allow drilling off U.S. coastlines as part of a plan to boost oil supplies, but his plan is likely to go nowhere because of a reluctant Democratic-majority Congress, which fears environmental costs. Even if U.S. coastal waters were opened to exploration, experts agree that it would take at least seven and probably 10 years before any benefits were apparent.

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