Editor’s note: This post by Oceana CEO Andy Sharpless was originally posted last May on Politico.com. We think it couldn’t be more relevant right now, especially considering that many media outlets are now making similar arguments to the one we’ve been making since last year – that gas prices aren’t tied to offshore drilling.
Why do we take terrible risks to drill for oil in the Gulf of Mexico and elsewhere along our coasts?
Most people would say we drill to protect ourselves from big fluctuations in gasoline prices that are caused by major upheavals in the Middle East.
Their argument is that the more oil we can produce domestically, the lower the price we’ll pay at the pump. It’s not that they like the sight of oil wells off our beaches. The main reason they argue for more offshore oil drilling is they think it will save money — especially since gas prices approached $4 a gallon recently. (See: A chart of U.S. gas prices here.)