Let's look at this possible scenario which has been postulated by many before me:
Hypothetically speaking and for proof go to
www.itdontexist.argh
There has been a resolution/law passed enabling oil companies to perform their tasks of seeking and drilling for more oil.
The oil companies have a daunting task ahead.
They begin by doing research, test drills, killing the environmentalists that stand in the way (because of a sub resolution that permits this), etc.., which culminate in about a two year span.
So, it is now 2 years since the resolution/law has been passed and WE are still without any help for the Fuel dilemma however we have a few less environmentalists standing in the way.
Eventually we begin to extract the oil, refine it, and are once again on top of the Chemical mire, however it really doesn't matter since we've been at WAR with Russina (China and Russia merged) for control of what oil currently exists and there are less People on the Planet because OF the War. Saudi Arabia isn't a concern anymore since they were vaporized for alliances with Iran.
So in essence, hypothetically speaking, what's the point of new offshore drilling??