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Wash. Post, LA Times failed to note Energy Department's assessment of effect of offshore drilling on oil prices

July 15, 2008 5:35 pm ET

SUMMARY: The Washington Post and the Los Angeles Times each reported that "Democrats and environmental groups" say that allowing new offshore drilling would not have an effect on oil and gas prices in the next several years. They did not note that it is not just Democrats and environmental groups that say this: The Bush Energy Department has determined that production from offshore drilling "would not have a significant impact on domestic crude oil and natural gas production or prices before 2030" and that such production is expected to have an "insignificant" effect on "average wellhead prices."

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