Pumping More U.S. Oil Won't Lower Prices, Consumer Group Says
#1
09-18-2008, 08:41 PM
Pumping More U.S. Oil Won't Lower Prices, Consumer Group Says
A leading consumer group is opposing an expansion of domestic oil production, saying conservation and production of alternative energy would have much greater impact on the price of gasoline.
Consumer Federation of America analysis finds that fuel economy, conservation, and alternative fuels deliver over 50 times as much oil savings as expanded drilling can produce with far greater impact on the price of gasoline.
Consumer Federation of America analysis finds that fuel economy, conservation, and alternative fuels deliver over 50 times as much oil savings as expanded drilling can produce with far greater impact on the price of gasoline.
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