Argument: Offshore oil helps mitigate spikes in oil prices

Issue Report: US offshore oil drilling


Chris Kahn. “Offshore drilling could soften oil price spikes, not energy costs.” The Associated Press. March 1, 2010: “Opening more of America’s coastlines to oil and natural gas drilling won’t cut energy prices anytime soon. And it won’t greatly reduce the country’s dependence on foreign oil. […] But it could […] soften the blow of future price spikes.”