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Not expanding drilling may cost U.S. $2.4 trillion

Submitted by taschutt on Thu, 02/18/2010 - 3:29pm

Tom Doggett (REUTERS)
WASHINGTON
Tue Feb 16, 2010 7:34am EST

WASHINGTON (Reuters) - The U.S. economy will lose $2.4 trillion over the next two decades if the federal government does not allow oil and natural gas drilling in restricted onshore lands and in offshore areas previously closed to energy companies, according to a new study released on Monday.

Read the rest here:
http://www.reuters.com/article/idUSTRE61B2R520100216

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