by Ghost of John Brown
I am cautiously optimistic. However, I am keeping one eye wide open. The Obama Administration is expected to announce that they will open areas of the eastern seaboard up for off-shore drilling. If this happens, with no strings attached, then I will applaud the decision. While some have hoped (including me) for economically viable renewable energy (key phrase there - economically viable), we are not close to it yet. In the mean time, if we are to get close to weaning ourselves off of foreign oil, we need to "drill baby, drill".
What concerns me, and it should concern everyone that believes in free-market capitalism, is that the President may try to tie the ability to drill on the eastern seaboard to climate change legislation. The cap and trade bill might become the target of the old switcheroo. Let the President destroy the economy with unnecessary cap and trade legislation and he will give Republicans their desire to drill for more oil. Sure, we'll have more oil, but we'll have to pay through the nose to get it.
