Bruce Lunsford in Forbes Magazine

On Energy & Oil: Expand drilling; draw strategic reserve; plus alternatives

Republican incumbent Sen. Mitch McConnell touched on the debate over domestic oil drilling, which has been a hot-button issue in the campaign for US Senate. “In order to solve this problem, we have to do everything. We have to both find more and use less,” said McConnell, the Senate’s top-ranking Republican. McConnell also mentioned coal-to-liquid fuels, nuclear technology and even electric cars. “We’re not too many years away from the time when we’ll be plugging in our cars and trucks for the night,“ he said.

Bruce Lunsford said his energy plan includes expanded drilling, alternative fuels and drawing from the nation’s strategic petroleum reserve to lower gas prices. Lunsford said Republicans are pushing for expanded drilling because it is favored by the oil industry. ”What the Republicans have done led by Mitch McConnell is they have been industry-driven for every solution, because that’s who butters their bread,“ Lunsford said.

Source: 2008 Kentucky Senate debate reported by AP, in Forbes Mag. Sep 6, 2008

The above quotations are from Forbes biweekly business magazine. Click here for other excerpts from Forbes biweekly business magazine. Click here for other excerpts by Bruce Lunsford. Click here for a profile of Bruce Lunsford.
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