Offshore Drilling Plans

President Bush is attempting to increase the area of a new drilling site 1.000 miles off the coast of Pensacola, FL that has enough oil to fuel one million vehicles and half a million homes for nearly 15 years. He wants to obtain more oil for the country, but there are definitely opposing sides. The two state senators of Florida and other state delegated authorities oppose the increase; and actually are fighting for a smaller area. Administrative officials believe that the expansion in drilling area could help bring short term relief to the oil-crisis. For short term relief, the idea is great although what long-term effects will this have on the economy? There will be more limited resources to choose from in the future; although knowing this, scientists may be more motivated to help develop new fuels that can be used in the place of oil.