This something to consider If you think the Republican decision to open more areas is a viable one. Interesting read. How Much Oil May Be in the OCS? From the EIA 2007 Annual Energy Outlooki (AEO) and the 2007 reportii issued by the National Petroleum Council (NPC) we learn that there may be about 60 billion barrels of undiscovered but "technically recoverable" oil resources in the lower 48 OCS. Only about 19 billion barrels of these oil resources are in moratoria areas (in the Atlantic, Pacific, Eastern Gulf of Mexico and off the shore of Alaska) precluded by law or public policy from leasing and development. The other 41 billion barrels of undiscovered oil resources, or almost 70% of the undiscovered OCS oil resources, are in areas that are open to leasing and development. We should keep in mind that the term "undiscovered technically recoverable oil resources" means that this oil has not been discovered yet. The expectation is that this oil will be recoverable with available technology, but it is not certain that it will be economically recoverable. We should also keep in mind that offshore oil is expensive. http://www.evworld.com/article.cfm?archive=1&storyid=1510&first=4583&end=4582 This is what every intelligent person has been saying..its expensive..its impact willbe minimal and there are vast areas (70%) that are already open to drilling, yet they are not drilled.