If you think that offshore drilling isn't economical unless oil is at $100 a barrel, you know absolutely nothing about oil recovery. How many offshore wells were being built when oil was $25 a barrel? HUNDREDS. Go check out the Gulf and the North Sea.
Oil shale extraction makes economic sense once the price rises above $50 a barrel.
Take the time to learn about oil and you can retire wealthy....or you can just make up facts and whine about it....
Time to crack the books and study