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F... gas prices

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Old 06-18-2008, 10:07 AM   #11
BDBohnzie
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Re: F... gas prices

Here is what caught my eye in that article:
Quote:
The 574 million acres of federal coastal water that are off-limits are believed to hold nearly 18 billion barrels of undiscovered, recoverable oil and 77 trillion cubic feet of natural gas, according to the Interior Department. The country each year uses about 7.6 billion barrels of oil and 21 trillion cubic feet of natural gas.
So drilling into these areas will provide oil for roughly 28 months, and natural gas for 44 months...5-10 years down the road. That's a small band-aid on a crater-sized hole.

Quite honestly, I'd rather Congress push Big Oil into further developing alternative sources than drill these areas.
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