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Home Publications Reports Offshore Drilling and Energy Conservation: The Relative Impact on Gas Prices

Offshore Drilling and Energy Conservation: The Relative Impact on Gas Prices

June 2008, Dean Baker and Nichole Szembrot

This issue brief compares projected savings from drilling in presently restricted offshore zones and savings if the nation had continued adjusting fuel efficiency standards at 1980-1985 rates. The issue brief projects savings through 2027, the year in which offshore drilling would reach peak capacity.

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