Drilling For Oil : Good For The Economy

One of the last of the world’s true wilderness, the Alaskan National Wildlife Refuge is “one of the largest sanctuaries for Arctic animals, (where)… it is a vital birthing ground for polar bears, grizzlies, Arctic wolves, caribou, and the endangered shaggy ox” (Document E). By drilling for oil on this land, we would potentially endanger the wildlife and the

Many seafood companies prices fluctuate because a whole number of reasons. Have you ever thought why though? They even have to take some foods completely off their menus. A lot of the time this is because of an oil spill that kills so much of the environment that a lot of the sea animals die or even become endangered. The BP Deepwater Horizon spill in 2010 is a great example of this. It spilled 200 million gallons of crude oil into the Gulf of Mexico in 87 days. The area of the spill alone had over 8,000 species, which already had 39 endangered species and added 14 new species to the endangered list. Not only did we lose animals but “Eleven people died as a result of the accident and 17 others were injured”(BP Staff).

Senator Everett Dirksen once noted “The oilcan is mightier than the sword”. In today’s world, it is easy to see why oil can be considered the most important resource to hold. Without oil, many of the common day occurrences we take for granted would be impossible. Oil is used for almost everything; from the fuel used to drive our vehicles, to the plastics used in every facet of life, and providing the heat needed to live through the winter. In fact, the United States depends so much on oil that as a nation it uses over 20 million barrels a day. Importing oil increases the total costs because of the need to transport it from around the world. It is estimated

Oil drilling in the Arctic National Wildlife Refuge is a very controversial topic. On one end you have the people who want to drill for oil to help out our economy, and on the other end there are the environmentalists and the Alaskan natives who do not want their land destroyed. Our economy needs help; oil prices keep rising, gas prices have reached an all time high, and America is depending too much on foreign trade. Drilling for oil in Alaska will solve these problems. There are ways of drilling without disturbing the environment and keeping the animals in their original habitat.

Offshore drilling has become an essential part of today’s oil production and demand for energy. With the growth of population comes the increasing demand for oil. The oil industry today, is one of the most used providers of energy. Today in the 20th century the majority of the population in America has a car and cars needs gas to run. The oil reserves in the earth that are easily accessible via land are starting to run dry and are becoming harder to find. This is why we have begun to see more and more offshore oil drills. Although there are benefits of offshore drilling such as profit, lower gas prices, and becoming less dependent on foreign oil. There are also many drawbacks in which if something were to go wrong, the mistake would be catastrophic impacting the environment, the nature, and have trickling effects all around the world.

In a letter from the former United States President Jimmy Carter, he argues the importance of the Arctic National wildlife refuge, expressing the negative impacts that future industrialization of the Alaskan wilderness would have, not only on the environment and organisms living within it, but among the indigenous peoples whom the ecosystem provides.

Drilling oil in Alaska's Arctic National Wildlife Refuge (ANWR) is a serious issue for environmentalists and for the future of the United States. Should the Arctic National Wildlife Refuge be opened to oil drilling? This paper will debate whether or not we should allow Arctic National Wildlife Refuge to be opened to oil drilling. This will also show the impact it has on the environment, and I will show a critical analysis of the current issue of whether or not to drill.

Offshore oil drilling is a big contribution to obtaining oil for the U.S., but it is also a big controversy to continue offshore drilling or to stop the drilling. most of the world’s energy comes from the use of oil, even though there are other resources to use oil is the most commonly used, But there is a shortage in oil especially in the U.S. so they suggest drilling for oil in the ocean to reach unexplored oil wells. There are benefits in offshore oil drilling such as jobs, domestic fuel, and environmental benefits. Those that argue the U.S. should expand the offshore oil drilling believe that the benefits drilling brings will help the U.S. out of its foreign oil dependency. Although the side effects are have big impacts just like the benefits. The side effects include environmental risks, oil dependency, and whether or not there is enough oil. Offshore oil drilling is a subject not many know about, there is a lot of research that still needs to be done and a lot of research that still does not give positive conclusions. All in all I believe Energy Efficiency is the best solution to offshore drilling an example would be using electric cars, using solar, and wind power for electricity, and changing how we obtain energy altogether.

Imagine not being able to use the water that comes out of your kitchen faucet. At first you think it is cool that you can light your house water on fire but then become saddened when you realize no one will buy a house on contaminated land. Showers, swimming in pools, brushing your teeth have all become dangerous health risks. Families are getting sick more often and no one knows why. The citizens began to research what was going on in the area they lived in and soon learned that oil companies were using a process called hydraulic fracturing to extract oil out of the ground at nearby farms. This practice is a very controversial in the drilling community because it has longer lasting effects and it poses a greater risk to the people who surround the well site.

Jeff Goodell, a leading staff writer on energy and environmental issues for Rolling Stone magazine once stated, “Nobody disputes that cheap natural gas would be a good thing for the economy. The question is, is this a sustainable new development that can be counted on for decades to come, or simply a 'bubble ' brought on by a land grab and drilling frenzy?” (“Jeff Goodell Quote”, 2013). Goodell states the undeniable truth about natural gas. This is that the federal government regulating the fracking industry will exponentially increase the United States economy by making the United States a global counterpart in the worldwide market for oil. However, Goodell also highlights the negative effects of fracking and natural gas. This is the

The fracking industry in its entirety, although surrounded by a shroud of controversy, is an economic stimulator that many do not acknowledge. The potential replacement of coal for efficient and clean energy would not be possible if it weren’t for the utilization of hydraulic fracturing, also known as fracking, and horizontal drilling. To consider fracking as only a danger to the environment would be an overstatement while saying fracking only provides natural gas and nothing else is an understatement. It’s important to consider all of the potential benefits that fracking gives to the economy and how its minor environmental destruction could lead to an economic reconstruction. Although fracking has a negative connotation with most people,

Fracking adds to the economies benefit while also adds to the environment's benefit as well. For instance, certain statistics show that fracking is cheaper and safer than burning coal. Along with benefiting the environment it also helps human health. This is so because 40% of the world’s energy is produced by natural gas causing citizens health to improve. Another example of it benefiting the economy along with the environment is that it is known to be cheaper to drill a well than most energy obtaining methods. Thus showing that fracking benefits this country environmentally and

America must wean itself off of dependence on foreign oil, and one valid solution to this problem is offshore oil drilling and production. America’s economy is heavily based on petroleum, as though it is the nation’s blood; a necessity for survival. About 25% of oil produced in the U.S. comes from offshore rigs. Most of the U.S. coastline has been off limits for oil drilling since the early 1980s. Due to environmental concerns after an oil spill off the coast of California in 1969, an offshore drilling moratorium was imposed. Since then, the U.S. has amplified its energy consumption to where it uses nearly 25% of the world's oil. Meanwhile, the U.S. produces about 10% of the world's oil. That has made the U.S. heavily reliant on imported

The government was changing oil prices and driving them up from $0.35 to around $13.75 a barrel in 1962. This create a large oil drilling glut with thousands of people trying to make millions. Many failed but the ones who struck oil didn’t have to be efficient as they would blow holes in the ground and gather up all the oil they could. Often the holes leaded to creeks or rivers flowing wasted oil in the

The issue of whether offshore oil drilling is a safe operation or not has been arguing for a long time in the United States. ( SPE International, N.D.) Drilling on water started in early 1930s in Louisiana by shallow-draft barges. Nevertheless, the first oil well on water was drilled in 9th of September, 1947 by Kerr-McGee’s unit Tender Assist Drilling (TAD) in the Gulf of Mexico (SPE International, N.D.). A year after year, oil companies used more and more sophisticated equipment to drill on water, but the number of spilled accidents has been rising since 1964 (Ivanovich, and Hays, 2008). After all, while