business week

Drilling Fever

With the price of gasoline topping $5 a gallon in some parts of the country, America suddenly finds itself gripped by what might be called "drilling fever." Yesterday, the president reversed his father's executive ban on exploratory drilling on the Outer Continental Shelf, and urged Congress to ditch the legislative restrictions that have kept the oil rigs within a limited parameter off our coasts. Here in Florida, a state often mentioned as a prime candidate for future drilling, the idea of drilling is a hot topic in Republican circles. Two nights ago, I listened in on a telephone "town hall" ...

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