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Argument: Offshore drilling is very valuable to the US economy

Issue Report: US offshore oil drilling

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“EDITORIAL: Obama surrenders gulf oil to Moscow.” Washington Times. March 18th, 2010: “Offshore oil production makes economic sense. It creates jobs and helps fulfill America’s vast energy needs. It contributes to the gross domestic product and does not increase the trade deficit. Higher oil supply helps keep a lid on rising prices, and greater American production gives the United States more influence over the global market.”