Preserving state’s beauty
President Obama recently visited our neck of the woods to talk about domestic energy production, in light of the rallying cries to drill for more oil. It’s worth noting, however, that increasing drilling will not decrease the price of gasoline. Moreover, what Obama did not mention, but should be underscored, is that using our public lands for energy development does not diminish the importance of also protecting special landscapes in New Mexico.
First, we need to clear up some confusion. Gasoline prices are determined by a global market and driven by Wall Street speculators and oil companies, so an increase in production at home does not have an impact on the price of a barrel of oil. The Associated Press found that there is no statistical Login to read more