Tuesday, July 22, 2008

A nice start

Let's see what this does to oil futures over the next few days:
The Department of the Interior’s Bureau of Land Management today published proposed regulations to establish a commercial oil shale program that could result in the addition of up to 800 billion barrels of recoverable oil from lands in the western United States.

New sources of energy increase supply and bring down prices. Amazing how some people can't acknowledge that. Using domestic reserves in Alaska, off our coasts, and in oil shale is a big part of my Comprehensive Energy Plan.

Hattip: Instapundit

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