08 Sep '11, 12am

More domestic oil #drilling will have no effect on #gasprices:

The United States consumes 19 million barrels of oil a day, 25 percent of the global supply, but we have less than 2 percent of the world’s proved oil reserves. That means no amount of domestic drilling will reduce gas prices or provide enough to meet America’s daily demand for oil. The only solution: develop better cars and cleaner, safer sources of fuel. By 2025, we can reduce our reliance on oil through increased efficiency, transit, and alternative fuels, saving more oil than we can drill.

Full article: http://www.nrdc.org/energy/gasprices/

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