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To dig or not to dig? The crude question
President Bush is urging Congress to end a decades-old ban on offshore oil drilling in response to consumer anxiety over record-high gas prices.
“Every American who drives to work, purchases food or ships a product has felt the effect. And families across our country are looking to Washington for a response,” Bush said.
The push by Bush and Republican presidential candidate John McCain to lift the ban could find plenty of support. About 60 percent of Americans surveyed in a Reuters/Zogby poll said they would favor government efforts to boost domestic drilling and refinery construction.
Roughly the same amount said they would back efforts to reduce domestic demand through tougher fuel-efficiency standards.
Do you favor more U.S. oil drilling?
For more on the rising cost of oil, click here.