More Drilling Not Really Possible, It Seems

I'm laid up with an eye infection (please forgive any spelling errors, as I can barely see to type), so I've been catching up on podcasts that I've missed. One of which mentioned a New York Times article which says:

As President Bush calls for repealing a ban on drilling off most of the coast of the United States, a shortage of ships used for deep-water offshore drilling promises to impede any rapid turnaround in oil exploration and supply.

In recent years, this global shortage of drill-ships has created a critical bottleneck, frustrating energy company executives and constraining their ability to exploit known reserves or find new ones. Slow growth in oil supplies, at a time of soaring demand, has been a major factor in the spike of oil and gasoline prices.

In short, even if we were to open up ANWAR and other places for drilling, the oil companies wouldn't be able to take advantage of them. Current estimates have it taking something like 5+ years to get a well up and running, one can only assume that with the shortage of equipment, it'd take even longer to get the oil out of the ground.