oil drilling

Gasoline prices rose Friday for the third straight day, according to a nationwide survey, as Hurricane Ike's approach to the Texas Gulf Coast shut oil drilling and refining in the region.

Support for more U.S. oil drilling is on the rise, despite the opinions of many analysts who say the potential supply is too small to significantly lower the price.

Sen. John McCain on Monday got an approving roar from the thousands gathered at the Sturgis Motorcycle Rally in South Dakota.

McCain was seeking blue-collar and heartland support by visiting the giant motorcycle rally.

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Sen. Barack Obama was in the battleground state of Michigan on Monday and talked about his energy policy. His plan includes the possibility of limited new offshore drilling, and tapping the strategic petroleum reserve — both of which he once opposed.

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In a White House news conference Tuesday, President Bush tried to reassure Americans that the financial system is sound.

He's urging Congress to pass laws to make it possible to shore up government-sponsored mortgage giants Fannie Mae and Freddie Mac.

He also spoke about oil drilling and the wars in Iraq and Afghanistan.

President George W Bush lifts an executive ban on oil drilling in most US coastal waters, and urges Congress to follow suit.

Lawmakers are considering lifting the 27-year ban on offshore drilling along much of the nation's coastline. Though the ban's supporters have said drilling would drive tourists away, some say that current production platforms off the coast of Alabama are benign fixtures.

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A completely understandable position given the current price of gas, but I wonder if those being polled understand the reasons why we put limits on oil companies access in the first place.

And while this is a partisan issue, there’s definitely a lot more Democratic support than Republican opposition.