“Drill Here, Drill Now”

“Drill here, drill now” has become a political hot topic as gas prices have been soaring. One argument against drilling: The oil companies are not even drilling with existing leases. A decision from a federal appeals court finds that the government reneged on off-shore leases off the California coast and kept the companies from exploring and tapping off-shore resources. The government has been ordered to pay more than $1.1 billion to the leaseholders.