clipped from www.powerlineblog.com For oil, California is the quickest relief. Existing platforms there would allow access to some of the leases companies paid $1.1 billion for in 1981, but have been precluded from developing for 26 years. California is the nation's largest consumer of gasoline, so it could go directly to their extensive refinery network, also. The estimates are that 10 billion barrels exist off the coast of California, and tankers full of imported oil and Alaska North Slope oil go through those protected waters every day. |