CBO Report: Boosting Oil Production Won’t Protect Americans From Gasoline Price Shocks

CBO Report: Boosting Oil Production Won’t Protect Americans From Gasoline Price Shocks: More domestic drilling does not make America less susceptible to global supply disruptions or protect consumers from gasoline price volatility, according to a new analysis from the Congressional Budget Office. The CBO report reviewed different policies intended to make the country more energy secure, concluding that the only effective tool for shielding businesses and consumers [...]/p