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Good brief analysis of the Republican case for drilling, but way off base as far as the risks (the Democrats have no plan at all, merely outrage at everything that could actually work). Oil Spills: even during Katrina, not one drop of oil spilled, and somehow, the North Sea does just fine. Global Warming: Scientists are now telling us that the warming trend peaked 10 years ago, and the next decade or two will experience a cooling trend. Price Plunge: This is a bad thing? First off, it will never go back to a price where it does not make sense to invest in alternatives... but the Republican plan buys us the 10 years we need to become independent. Bottom line: Let alternatives compete in the market with all other alternatives.