Why are we obsessed with more drilling in the Outer Continental Shelf?

From US Government’s Energy Information Administration:

"The projections in the OCS access case indicate that access to the Pacific, Atlantic, and eastern Gulf regions would not have a significant impact on domestic crude oil and natural gas production or prices before 2030.

"Leasing would begin no sooner than 2012, and production would not be expected to start before 2017. Total domestic production of crude oil from 2012 through 2030 in the OCS access case is projected to be 1.6 percent higher than in the reference case, and 3 percent higher in 2030 alone, at 5.6 million barrels per day. For the lower 48 OCS, annual crude oil production in 2030 is projected to be 7 percent higher—2.4 million barrels per day in the OCS access case compared with 2.2 million barrels per day in the reference case (Figure 20). Because oil prices are determined on the international market, however, any impact on average wellhead prices is expected to be insignificant.

http://www.eia.doe.gov/oiaf/aeo/otheranalysis/ongr.html

In addition, there are 68 million OCS acres already available, but largely unexplored by the oil companies.

Why do we need to open up more of the OCS?

15 Responses to “Why are we obsessed with more drilling in the Outer Continental Shelf?”

  1. San Jose Says:

    it’s our oil. why should we let China come in and drill horizontally next to Cuba?

  2. John McCain Says:

    Because the surge worked, and that makes me right in everything by default.

  3. webwanderer Says:

    Have you noticed fuel prices lately?

  4. ESweetPea Says:

    It’s called distraction.

    Don’t be fooled!

  5. dolphin02420 Says:

    because greedy corporations are not satisfied with their record profits in the billions while the rest of america is suffering. and because we humans won’t rest until we have destroyed every aspect of the environment.

  6. White Knight! Says:

    Too many whacked out environmentalists from the liberal party fouling things up.

  7. Ari R Says:

    There is not oil under every acre. It must be opened up for exploration.

  8. jero Says:

    Because people are being made fools out of themselves by the politicians. When we start drilling and prices don’t come down they will be crying injustice but it will be too late.

  9. gwhillikers2000 Says:

    The answer: We do not need to. Any additional oil thus produced will NOT be used to reduce the price of gasoline in the US, since the oil will merely be added to the quantity produced by ALL wells in ALL nations. The reason Bush and the Repubs are pushing so hard to get the restriction lifted is they have taken money from the oil company lobbyists and need to get the legislation passed before the election, when there likely will be a Democrat president and a Democrat majority in Congress.

  10. Westward Wind Says:

    The point is, you have to start sometime. If we had set up shop in 1975, we wouldn’t be in this mess we’re in today, would we? So what if it takes time — the point is, we need to invest in our future. Period. Just the mere lifting of a presidential Offshore Drilling ban by President Bush last month caused the oil prices to start tumbling. Imagine what would happen if we actually started to sink the wells….

  11. dinfamous2002 Says:

    I like how you presented the statistics for everyone to see, unfortunately most people are unaware of this. If watching this year’s presidential race has taught me anything it has taught me that people are unaware of the issues.

    Most people think that the only reason gas prices are high is because we are at war in the middle east. The believe that if we used our own oil, prices would go down. It’s pretty much that simple. They don’t realize that it will take years to get the oil and even more years before we see any benefits. Few people really look that far into issues.

  12. viola f Says:

    and then there are the hundreds of oil wells that have been capped by the oil companies (and don’t say it isn’t so because I been there and seen it.( if the oil companies wanted to increase production in the us they could at any time

  13. ROBERT R Says:

    ITS ALL ABOUT TRANSFERRING ATTENTION. THE POLITICOS CAN’T SOLVE OUR OIL CRISIS AND ENERGY DILEMMA SO THEREFORE THEY FEED US THIS GARBAGE THAT OVERSHORE DRILLING IS THE PANACEA. WE ARE PUSHING FOR THIS FOR FEAR THAT OTHER COUNTRIES WILL DO IT. BEYOND OUR TERRITORIAL WATER LIMITATIONS, ANYTHING IS FAIR GAME-EXCEPT FOR PIRACY. ANOTHER INTERNATIONAL PROBLEM COULD ALSO ARISE. SAY THE RED CHINESE FOUND OIL 14 MILES FROM FLORIDA AND WE CLAIMED IT AND TOOK OVER THEIR OPERATION. INTERNATIONAL COURT AND THE U.N.! SUPPOSE A HURRICANE BLEW THROUGH AND SPILLED MILLIONS OF BARRELS OF OIL ON OUR EAST COAST. WHO WOULD BE RESPONSIBLE FOR THE CLEANUP? AGAIN, IN COMES THE U.N. AND INTERNATIONAL COURT.

  14. porquemoi Says:

    Because patriotic Americans know liberals are blocking drilling because they hate America and want to weaken America as much as possible. Keeping America dependant on foreign oil is the best way to weaken America and punish the American people.
    10 years ago Bill Clinton blocked drilling saying that it would not help for 10 years. Now we are paying the price of electing Clinton. In 10 more years I don’t want to pay the price of listening to people like you. Your numbers are based on lies intended to cripple America.

  15. whyusukk Says:

    Because oil is there. Why do you hate America so much you want us to depend on foreign oil? Your statistics are lies.