The President to open drilling in Alaska? It must be true, it's being reported by the New York Times.
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Update, 5:20 p.m. EST, May 14, 2011: Never mind. I got the story from today's on-line edition of the LA Times. I was not aware that the president had promised the same thing more than a year ago (March 31, 2010).
Update, 6:59 p.m. EST, May 14, 2011: Never mind. The actual drilling won't begin in my investing lifetime based on past history. The scuttlebutt is that "opening" these areas to new drilling will be a bargaining chip for raising taxes on big oil and/or a windfall profit tax. Increased taxes on big oil will happen within my investing lifetime.
