Let Oil Drilling Pay for Bailout

Instead of using taxpayer money to finance the bailout, the U.S. Chamber of Commerce is proposing using royalties from the Outer Continental Shelf (OCS), a “piggybank” conservatively valued at $1.56 trillion.

Recenly the congress allowed the OCS ban to expire. But many clear minded people agree that if the Dems win the White House, big gains in both houses, and a few more governors - they'll reinstate the ban in a heartbeat.

Drilling in the OCS will move us slowly toward energy independence and may even play a crucial role in the global financial crisis - most of which had its origin in U.S. ploicy and non-policy.