Barack Obama on Offshore Oil Drilling

I'm an ECONOMICS major and i'll tell you oil does not function strictly in terms of supply and demand. Oil is inelastic, our entire infrastructure, cars, food, cosmetics, plastic, all circulate around oil. So we need a serious long term solution, we can't pass down our problems to the next generation!

in my opinion, drilling in US wouldnt help much. they would probably just add it to our strategic reserve. by the time we are ready to use our own oil, our country will be destroyed. this is more than just a transportation crisis. we need new ways to make all petroleum products, without oil.

Liar. The question is, who's paying Reid and Pelosi(and Obama) to keep us dependent on foreign oil?

Even as an Obama supporter, I would like to see more compromise on this. It seems unreasonable to expect that in ten years, we would not benefit greatly from being able to rely on our own oil resource, while at the same time ensuring we invest in renewable, domestic sources of energy (like natural gas and wind). I think he would garner so many more votes if he would expand in this direction.

see first off obama the reason so many people liked you becuase you where agasint the war people wanted to end the war true we must due what we have to due but wait until u get into the whitehouse before you start annoucing things like that people dont wanna live in any kind of fear of america being attack so dont bring it up expectialy now just do what you have to do

why do u librels want tax everything. u wont see a drop but the speculation will go down. Russia and Chona are drilling off our coast because cuba is within 70 miles which is the drilling range.

u lie to nancy poloski too

Your tin-foil hat is showing.

He is absolutely right. I can't believe I had missed this response. I've been wanting him to really hit back with the facts, and it turns out he already did, the media just didn't report it! Great job Obama, the truth is on our side, just scream it from the rooftops!