President Bush, Florida's governor and Republican presidential candidate John McCain are calling to lift a federal ban on offshore oil drilling, showing how voter anger over soaring gasoline prices is pushing politicians to rethink U.S. energy policy.

Surging oil prices, coinciding with an economic slump and November's looming U.S. elections, are forcing a renewed conflict between environmental concerns over possible oil spills and a drive to funnel more oil toward the market.

Source: The Wall Street Journal

View Full Article