From the governments own study!!!


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.

Similarly, lower 48 natural gas production is not projected to increase substantially by 2030 as a result of increased access to the OCS. Cumulatively, lower 48 natural gas production from 2012 through 2030 is projected to be 1.8 percent higher in the OCS access case than in the reference case. Production levels in the OCS access case are projected at 19.0 trillion cubic feet in 2030, a 3-percent increase over the reference case projection of 18.4 trillion cubic feet. However, natural gas production from the lower 48 offshore in 2030 is projected to be 18 percent (590 billion cubic feet) higher in the OCS access case (Figure 21). In 2030, the OCS access case projects a decrease of $0.13 in the average wellhead price of natural gas (2005 dollars per thousand cubic feet), a decrease of 250 billion cubic feet in imports of liquefied natural gas, and an increase of 360 billion cubic feet in natural gas consumption relative to the reference case projections. In addition, despite the increase in production from previously restricted areas after 2012, total natural gas production from the lower 48 OCS is projected generally to decline after 2020.

Although a significant volume of undiscovered, technically recoverable oil and natural gas resources is added in the OCS access case, conversion of those resources to production would require both time and money. In addition, the average field size in the Pacific and Atlantic regions tends to be smaller than the average in the Gulf of Mexico, implying that a significant portion of the additional resource would not be economically attractive to develop at the reference case prices.

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




That is a Government Study done by the Energy Information Administration!!
Official Energy Statistics from the US Government!

Unlike the doctored up WMD CIA reports done for reasons to invade Iraq, they didnt doctor these.
They just fail to recognize them or even mention them to the Public!!

.

Fanta, you could not even answer yourself! It is blank!

Lindyy

And I'll guarantee many have read it!
They are still trying to make heads and tales of the facts and the lies told to them!

Just as I'll guarantee you will continue to ignore the truth your entire life!
That's just how the sheeple are!

Baaaah Baaaaah Baaah

Now, who determines what the truth is? Eh, sonny boy?

Lindyy

You are a blank arent you!
Just like that page. Nothing of substance to it!

fanta ..... you initiated the blank page, which means you are the one who has nothing of substance and not Lindyy. After all you are what you post and you are the one that posted the blank page.

OK, maybe 4!

Should have started in the 1970s then we wouldn't have this issue now. We wouldn't have high gas prices and rising food prices. Thank you federal government and environmental lobbyists who have owned Congress for decades.