Drill Offshore or Drill Detroit? Numbers Show the Way | SolveClimate.com: "The Energy Information Agency (EIA) projects that Senator McCain's proposal would have no impact in the near-term since it will be close to a decade before the first oil can be extracted from the currently protected offshore areas.
The EIA projects that production will reach 200,000 barrels a day (0.2 percent of projected world production) at peak production in close to twenty years. It describes this amount as too small to have any significant effect on oil prices."
The EIA projects that production will reach 200,000 barrels a day (0.2 percent of projected world production) at peak production in close to twenty years. It describes this amount as too small to have any significant effect on oil prices."
No comments:
Post a Comment