Offshore drilling is a red herring. We have plenty offshore drilling, and we have nothing to gain by increasing it now. We're better off saving the oil for the future when oil prices skyrocket. Remember, for every barrel of oil we drill here, OPEC gets to keep an extra barrel in the ground. They'll be happy to sell it to us for $400 in a decade. I'm saying this as someone who works in the oil industry.
Well, in order to prepare for the future, I think we need to get the subsea / offshore infrastructure in place so that oil and natural gas can be produced as needed. It take more than one well to be able to start producing a field. Heck it takes more than one well to determine the type of pruduction methodology to employ or if a field is even viable to produce.
How about instead of wasting billions to drill offshore we use that money to fix the north east power grid...or the entire countries?
Who is wasting billions of dollars? Certianly not the Federal govt. Its the exploration and production bussines units in the Super majors / majors that are using their own money to find oil / natural gas and to build the infrastructure to deliver it to the refineries. Last i heard, the federal government doesn't build production platforms, drill ships, etc. Some fields take over a billion dollars and 6-8 years from time of initial discovery to being able to produce oil and natural gas. Sometimes longer.
Also, shouldn't the energy companies make their distrobution infrastructure more robust than it is now? I'm sure the fed should help them, but its not all the govt fault that its not down. The govt only regulates the energey sector last i heard ( well maybe except for the TVA)
But some of this don't mean damn if our refinery capacity can't handle the load. Have we address that issue, too? I dont' think so.
I think its a little more complex than what it is being made out to be.
Also, I feel that an increased in offshore drilling might increase jobs. Heck an increase in On Land drilling will create jobs. Last year, I've met a many folks who were laid off becuase of the reduction of operating land rigs.