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

Author

Listed:
  • Dean Baker
  • Nichole Szembrot

Abstract

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.

Suggested Citation

  • Dean Baker & Nichole Szembrot, 2008. "Offshore Drilling and Energy Conservation: The Relative Impact on Gas Prices," CEPR Reports and Issue Briefs 2008-19, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2008-19
    as

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    File URL: http://www.cepr.net/documents/publications/offshore_drilling_2008_06.pdf
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    More about this item

    Keywords

    offshore drilling; energy conservation; fuel efficiency;
    All these keywords.

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices

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