Could Offshore Drilling Reduce the Deficit?

By: Robert Bluey (Diary)  |  January 19th at 04:30 PM  | 

Sen. David Vitter (R-La.) wants the Obama administration to provide Congress with data on the federal government’s offshore drilling revenue — information that would show just how much President Obama’s anti-drilling policies are impacting the budget. Based on recent projections from the U.S. Energy Information Administration, production in the Gulf of Mexico is expected to drop this year by 220,000 barrels per day. With oil | Read More »