Offshore Drilling and Energy Conservation: The Relative Impact on Gas Prices
Publisher(s): Center for Economic and Policy Research
Keywords: Oil drilling; Gasoline; Auto fuel
Coverage: United States
This issue brief compares projected savings from drilling in presently restricted offshore zones and savings if the nation had continued adjusting fuel efficiency standards at 1980-1985 rates. The issue brief projects savings through 2027, the year in which offshore drilling would reach peak capacity.