[Mr. Wyndham]

Originally Posted by Nickdago

Taking on the charge that more drilling merely extends our ‘oil addiction’ Medlock proposes we earmark all future goverment royalities from new offshore drilling for researching and developing alternative energy, which we currently grossly underfund.

That way, he says, “these domestic resources would indeed serve only as a bridge to a new energy future.” In recent years these royalities average about $6 billion a year - $142 from 1982.

YES!