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NYT: Drill Baby Drill, Redux

05 Mar 2012  |   Lea Brumfield

A New York Times editorial this morning refutes “Drill Baby Drill” and supports President Obama’s efforts to reduce oil consumption in the face of high gas prices.

The Times editorial concludes:

“American innovation is a big part of the answer. Two byproducts of the automobile bailout were the carmakers’ acceptance of sharply improved fuel economy and a new commitment to building cars that can meet those standards. The new rules are expected to cut consumption by 2.2 million barrels a day — more than America now produces in the gulf. These and other measures are not nearly as catchy as ‘drill, baby, drill.’ But they have a far better shot, long term, of lessening this country’s dependence on oil imports and keeping gas prices under control.”

Read the entire Drill Baby Drill, Redux editorial at the New York Times.



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