(ONNpolitics) -- On Wednesday, President Bush revealed a four-point strategy to combat rising gas prices. In his message, Bush took aim at congressional Democrats in his advocacy of "boosting domestic oil production" and decreasing America's dependence on foreign oil.
In a plan that is urged to be passed by Congress, the Bush Administration lays out calls for lifting the 27-year ban on off-shore oil exploration, and drilling in the protected Arctic National Wildlife refuge. Acknowledging that the immediate effects will be minimum, Bush stands by his position to allow drilling in these protected areas.
The President says that Dems have ignored his repeated calls to reduce America's pain at the pump. However, the problem with the Bush energy plan is that it continues to ignore the American people, even though it is being marketed to benefit the average citizen.
It remains unknown, if by the time oil is retrieved from the protected areas, which ranges from 5-10 years , that the benefits out weigh damage to the environment. Furthermore, in the amount of time it takes to retrieve the oil from the outlined areas, gas is being projected to have risen to more than $10-per-gallon, giving room for the gains to do little.
Untold in the Bush outline is that the government has already given the "thumbs-up" for oil companies to drill on federally leased land that contains more than 100 billion barrels of oil, that no one is drilling for.
So why call for a lift on bans to allow drilling for only 18 billion barrels, when 100 billion barrels are untapped?
In my opinion, this is yet another special interest policy proposal, by the Bush Administration, that takes advantage of public misfortune (the plea of Americans to the government to reduce high energy costs), while seeking to line the pockets of "Big Business".
Any rational economist will attest to the fact that domestic drilling will do little for Americans who are hurting now. Why the Administration would outline such a plan becomes amazingly obvious when we look to whose the beneficiary in this proposal. Truth is that the immediate effects of the proposed plan will further boost the profitability of oil companies by allowing them to expand resources.
With all respect to the President, in his office, his plan is enormously flawed and heavily vested in the interest of oil companies, not the American citizens. We don't need anymore incoherent leadership coupled with flawed policy proposals. America is in a tragic state, and the traditional Bush policy is digging us into a deeper hole.