I live in Florida where there has been a lot of controversy on our governor's flip-flop on the issue of offshore oil drilling. Yes, we know that Governor Charlie Crist is on the McCain VP short list and this flip-flop aligns him with McCain's position on the issue.
Of course, environmental activists have loudly and frequently proclaimed that increased oil drilling will not change much in our lives in the bear future regarding gas prices. They go on to talk about the threats to the environment oil drilling brings.
In doing my research on the topic, I surfed across a great site called How Stuff Works. It was very detailed about offshore oil drilling and I suggest you check it out if want to know how it works. There's also coverage of gas prices that I must check out later.