No, not
that inconvenient truth, although the effects of additional millions of tons of carbon into the atmosphere should not be ignored, either.
What seems to be missing from the estimates (or wild eyed lies) about how much and how soon drilling in ANWR and offshore will lower oil and gas prices is that by the time
any additional oil is actually flowing into the global pipeline, a substantial decline will already have occurred. Even the most optimistic current production estimates fail to indicate we can expect a high enough volume to mask the coming global production shortfalls, much less by the year 2030. To think that this represents anything but the caricature of a transportation energy solution, one would have to believe that spitting in your coffee mug is a great way to make that first cup last all day.
Global oil production-current: 84 million bpd (barrels per day)
-2030 (estimated): 39 Mb/d