Democrats yet again blocked oil exploration in US coast and Alaska on environmental concerns.
Who really benefits from coastal oil exploration? Oil exploration leads to increased production of oil which in turn brings down the price of Oil. Poor people suffer more from higher oil prices than the rich people. Rich people can easily afford oil at $5 per gallon. Poor people, who make $10 or less per hour, can't afford to drive at such high prices of oil.
Ask a poor person if he prefers $5 per gallon Oil (or) the risk of exaggerated environmental concerns from oil exploration. He would obviously prefer more oil exploration.
It's a paradox that Democrats claim themselves to be champions of poor. Democrats want to keep the air clean around them, even if it adversely affects the poor people.
I talk with Michael Klein
2 days ago
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