
A few weeks ago, the idea of offshore drilling was starting to be seriously considered. Many officials were realistic, saying that the oiled obtained would not come in until years later, and only be sufficient for a very short time frame. However, the actual oil was not meant to be obtained.
Although President Bush was considering, as well as the two candidates to succeed Bush, Obama and McCain, to drill for oil, it was not the oil he was after. Instead, offshore drilling was meant to have a placebo effect. The fact that America was drilling for oil, regardless of the expense, time, and amount, would ease American minds of gas price trouble. This idea was not popular—how can an attitude towards mathematical statistics change the numbers themselves?
Nearly three weeks ago, according to the article at BBC, the placebo was a success. With dropping prices, it seemed that OPEC was becoming worried and began to drop the price a little. Ever since, small price drops have been occurring. However, these tin drops are only helping mentally and not economically. Although it is true that Americans are technically saving on gas, the prices are still high enough for no shopping sprees or other national economic boosts to occur. So, regardless of the placebo positively affecting the nation, it is only helping short term but not solving anything long term.
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