06 May '11, 10pm

The truth about rising gas prices:

The Truth about Rising Gasoline Prices As the national average gasoline price approaches $4 a gallon, there have been a growing number of proposals for what the best step is – fuel efficiency, domestic drilling, or some other method – to provide relief at the pump. To resolve some of the confusion, here are some facts about gas prices the Union of Concerned Scientists believes you should know. Expanding domestic drilling will not lead to energy independence. The United States cannot drill its way to energy independence. We consume nearly 25 percent of the world’s petroleum, yet hold less than 2 percent of the proven reserves. The only way to cut U.S. dependence on foreign oil producers is to significantly cut our need for oil by increasing fuel efficiency, increasing our reliance on low-carbon fuels, and providing other transportation options. Domestic oil drilling is not ...

Full article: http://www.ucsusa.org/news/press_release/truth-about-risi...

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