"'If, in order to get that passed, we have to compromise in terms of a careful, well thought-out drilling strategy that was carefully circumscribed to avoid significant environmental damage - I don't want to be so rigid that we can't get something done,' Obama said."

More: "[H]e told the Post he would be open to expanding the current drilling boundaries if it meant winning approval for more fuel-efficient cars, developing alternative energy sources and making the country more 'energy independent.'"

"'I think it's important for the American people to understand we're not going to drill our way out of this problem,' he said. 'It's also important to recognize if you start drilling now you won't see a drop of oil for ten years, which means its not going to have a significant impact on short-term prices. Every expert agrees on that.'"