Kirk Caraway

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June 20, 2008
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Drilling to nowhere: The red herrings of the oil debate

Every time the price of oil goes up, you hear calls on the right that the solution is to open up the Arctic National Wildlife Refuge (ANWR) for drilling.

And it sounds like a rational idea, until you start looking at the numbers. Then it begins to look like trying to keep the Titanic from sinking by having the passengers bail water with teacups.

The U.S. Department of Energy released an analysis last month on the impact of drilling for oil in ANWR. It concluded that it might save consumers a few cents a gallon, if (and this is a …

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The Nevada Appeal Updated Jun 21, 2008 06:18PM Published Jun 20, 2008 09:49PM Copyright 2008 The Nevada Appeal. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.