The following article from the Natural Resources Defense Council outlines a better strategy for fueling our transportation than increased offshore drilling -- and a way out of high gas prices.
The United States consumes 19 million barrels of oil a day, 25 percent of the global supply, but we have less than 2 percent of the world’s proved oil reserves. That means no amount of domestic drilling will reduce gas prices or provide enough to meet America’s daily demand for oil. The only solution: develop better cars and cleaner, safer sources of fuel. By 2025, we can reduce our reliance on oil through increased efficiency, transit, and alternative fuels, saving more oil than we can drill.
The United States will never control world oil supplies or gas prices…we don’t have the oil.
The United States has been drilling aggressively for the past century, with more active wells than the rest of the world combined. But even if we were to drill a hole everywhere in the country we know to have oil, and drain out every drop of proved reserves, we'd have enough to last us 1,094 days – just three years.