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Oil Drilling and Automobile Fuel Economy: The Relative Impact on Oil Prices

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Author Info
Dean Baker
Matthew Sherman

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Abstract

This issue brief compares projected savings from drilling in presently restricted offshore zones, savings under the Energy Independence and Security Act of 2007, and the projected savings from the fuel efficiency schedule proposed by Senator Obama. The issue brief projects savings through 2027, the year in which offshore drilling would reach peak capacity.

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File URL: http://www.cepr.net/documents/publications/fuel_economy_2008_09.pdf
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Publisher Info
Paper provided by Center for Economic and Policy Research (CEPR) in its series CEPR Reports and Issue Briefs with number 2008-25.

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Length: 3 pages
Date of creation: Sep 2008
Date of revision:
Handle: RePEc:epo:papers:2008-25

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Find related papers by JEL classification:
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics
Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply
Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
Q3 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation
Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)

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This page was last updated on 2009-11-14.

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