Drilling off the coast of Florida continues to be the hot topic in the Sunshine State. Four dollar a gallon gas has lawmakers looking for solutions. Drilling off the coast may not lower the prices at the pump, but it could slow down the increase.

The pain at the pump has people screaming for relief, even if it means drilling off Florida’s coast.

The state’s Chief Financial Officer says not so fast. CFO Alex Sink says finding oil off the coast doesn’t mean you’ll pay less at the pump.

“I defy you to get an oil company to get a contract in writing for the people of Florida, ‘if you let us drill then we will reduce your gas prices at the pump by two dollars a gallon.’”

Even if oil was found off the coast of Florida, it would have to be traded on the world market before it impacted the price at the pump.”

Florida State University Economist Mark Isaac says if rigs began pumping oil out of state waters, it may not have much of an impact at the pump.

“It may just mean it keeps the price from going up less than it might have otherwise gone up.”

It could take years for oil found off the coast to reach the market. Still knowing there is more supply could affect the price of gas.

”Just the revelation that there’s more oil out there, that’s going to impact the price one way of another, again how big an affect we don’t know.”

Economist say it would take more than just a few oil rigs off the coast of Florida to have a significant impact on the price.

If the federal ban on drilling near the coast was lifted it would still be up to individual state’s to decide if they would allow drilling. So far Florida’s Democratic leadership has taken a stand against drilling. Governor Charlie Crist says he’s willing to consider it.