You originally said that drilling won't have a significant effect on prices. I agree. However, in the very long term, it could have some effect. It will depend on how the amount of actual proven reserves are found, as opposed to theoretical resources. It is better than doing nothing. Yes, the moratorium was enacted in the 80s, but, environmental groups opposed the drilling when it was proposed in the 70s. Now we are 30 years behind and still don't know what's out there. Combine this with other monies for natural resources or renewable resources, throw enough poop against the wall, and something will stick. Maybe it will be a small amount of many efforts that will add up to a difference. I also think that McCain only wants the states to decide, and I doubt the coastal states will go for the drilling, so it's probably a moot argument. Maybe this issue is dominating talks because nothing else of interest has been offered by the candidates. Every article I've read is skeptical about how much it will really save, so I have to wonder what percentage of the public thinks this will significantly cut prices.