Here is a controversy with an ending which is scary to contemplate. If the fat cats of Wall Street win this battle, everyone loses in the long run. Nature holds many treasures deep within as well as without, and if we are not very careful, we will not only destroy the environment which houses many forms of Life, yet we will also ensure a very bleak future indeed. This is a game being played to line the pockets of a few at the expense of many.

Wealthy speculators are driving up gas prices and fueling calls for harmful new drilling off our coasts and in pristine places like the Arctic National Wildlife Refuge. Speculation in the oil markets is a major factor in high gas prices. Here’s how it works: Weak oversight and accountability in the oil market allows wealthy investors from around the world to drive up the price we pay for gas by purchasing oil that they have no intention of using. According to Michael Masters of Masters Capital Management, who testified before the House Energy and Commerce Committee in June, “with greater regulation [of speculation], oil prices could drop to $65 or $70 a barrel within about 30 days.”

Officials within the Bush Administration’s own Energy Information Agency estimate that oil from the Arctic National Wildlife Refuge wouldn’t hit the market for several years and would only reduce gas by a few pennies. Similarly, the agency has said that offshore drilling would not significantly impact domestic production or prices before 2030. More drilling may benefit wealthy investors, Big Oil companies and their allies in Congress, but it won’t lower prices at the pump or end America’s oil addiction.

Mama Polar Bear with her CubsBut this drilling would come at a terrible cost to our wildlife and the environment. Arctic drilling activities would disturb the most important onshore denning habitat for America’s threatened polar bears — potentially causing polar bear mothers to abandon their cubs.

Offshore drilling has its own problems: Each platform produces toxic discharges that can poison and kill marine wildlife and dumps tons of air pollutants into our atmosphere.

Defenders of Wildlife is actively working to help preserve our wildlife and the environment, and we can do our part as well. If you are like me and have a passion to save our wildlife, then please take a few moments and let your voice be heard.

Please take a stand against irresponsible policies that hurt our families and put our wildlife at risk. Send your message now!

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