According to a study quoted in this Wall Street Journal article, we could have crude oil out of the ground from the coast of California “within a year”. We know where the oil is, the water there is shallow, and we’ve actually had the platforms in place since before the ban went into place. There is an estimated 10 billion (yes, billion with a big, fat “B”) barrels of oil off the coast of California.Jimmie's got lots more examples -- read the whole thing -- but I like this California thing best. I'd love to see T. Boone Pickens put about a half-dozen oil rigs just off the coast of Malibu, if only to annoy Barbra Streisand. In fact, Newt Gingrich should change his slogan to, "Drill Here, Drill Now, Annoy Barbra Streisand."
Even if a tenth of that is in those places, that’s enough oil to supply America for seven weeks. I don’t think that ten percent is an unreasonable estimate, either.
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