Why are arguments against energy independence based on the "too long to market and then not enough anyway" screed. Bill Clinton vetoed drilling in ANWR about ten years ago. Who knows how much better things would be now? Make the "too little too late" argument AFTER we have done something, do not use it to stop progress. As for speculation driving up prices; the speculator takes a position and gambles he can predict the market direction, thus the ENVIRONMENTAL WACKOS demands that halt new production and refining do more to help those who speculate then any "loophole".