“Wells of Mass Deception” by Center for American Progress:
July 15, 2008, 1:00am
Yesterday, citing the “squeeze of rising prices at the pump,” President Bush rescinded the presidential moratorium on offshore drilling. The moratorium on lease sales in the Outer Continental Shelf was established in 1990 by his father, George H.W. Bush, in response to the devastating Exxon Valdez oil spill and extended by President Clinton.