If the Administration does nothing, high gasoline prices will continue to increasingly burden our economy, taking millions of dollars out of the hands of families and putting it straight into the pockets of OPEC. ↗
The fact that the price of gasoline has declined some in recent weeks must not allow Americans to be lulled into a false sense of security. Energy independence must rank along with border security as the top priorities of the United States. ↗
In the United States, oil demand is projected to grow by 340,000 barrels per day this year and gasoline demand is projected to grow nearly two percent, averaging 9.3 million barrels per day for the summer. ↗
Simply put, drilling in ANWR would be expensive, environmentally devastating, and would do very little to fix our energy crisis or to bring down the price of oil and gasoline. ↗
With the increased cost of gasoline, it doesn't appear that we're going to see a slowing of interest in mass transit. I think it's going to continue to grow. ↗