Why offshore drilling only makes a significant difference to those who get to drill

I agree with this, but I have seen many Conservatives argue that the EIA numbers are completely wrong and drilling could begin far before then.

Not sure where they get their stats from, but that's going to be the basis of any counter-argument.

Cycloptichorn

I think they base it on their willingness to buy a shovel and go dig the wells themselves by hand.

Even if the date at which it begins isn't an issue, the estimates for the total capacity are so very clearly not enough to make a serious impact on the oil market.

Unless they are really just hoping for a couple of percentage points of "relief at the pump" this is just a special interest being served.

By 2017, that small amount of oil might be the just in time difference in putting green technology over the top, if you belive the peak oil crowd.

By 2017, that small amount might make the difference in feeding a whole bunch of people.

If it's going to take that long, we should start now. If we get that oil out of the ground next year, I would tend to agree with the wealthy lib/progressive elites living on the coasts who are so much against this; why bother for a nickle a gallon?

But by 2017, even those lib/progressives living on the coast might be concerned with the wheat and corn harvest in the midwest...

How much has oil gone down since the day Bush said drill, drill, drill?

McG...

"How much has oil gone down since the day Bush said drill, drill, drill? "




Who other than Prognosticating stock market folks, and the lovable Oil companies, coulda took that info and made a difference?

And the corn growing explosion is going to bite us in the ass soon, by way of water...

By that logic all we need to do is tie him to a chair and have him keep saying "drill" till you get the price you want.