Drilling For Oil : Good For The Economy

America shouldn’t drill in Alaska because it doesn’t really help our economy. In document B it states that “ If oil is discovered less than 2,000 acres of the 150 million acres of the coastal plain would be affected.” The oil from the ANWR possibly created up to 735,000 jobs because they are building a new oil refinery and they need places to get

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.

America should drill in Alaska for oil because it's good for the economy. Document C says the United States uses more oil than it could find domestically, even if we were to drill on all public lands. The United States uses 25% to 30% of the oil produced

To Drill or Not To Drill Oil is one of America’s most valuable treasures. In 1980 Congress established the Arctic National Wildlife Reserve (ANWR) in Alaska. It was created to keep animals and plants undisturbed by humans. America suffered through an oil crisis which put more pressure on ANWR. As a result, the United States was importing more than a third of its oil.

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.

Drilling an ANWR is a short term solution that is being proposed as it requires little change to the current model of energy supply in this country. Opponents of drilling bring up many valid points. 1 percent of fuel consumption would be supplemented by this drilling activity. George Wills mentions in his essay that that entire United States holds 2.14 percent of the global reserves of crude oil, and I do not believe this to be a “Few drops of oil” as Sen. John Kerry is quoted as saying in the essay. That 2.14 percent may be needed in the future if plans of renewable energy fall short, and should be saved for such a time when they are absolutely necessary.

The oil underneath the coastal plain of ANWR will support America for approximately twenty-five years depending on how much oil proves to be

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).

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

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

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 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,

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

An interesting fact about this issue is that 95% of Alaska’s North Slope is open for exploration and development leaving the ANWR as the remaining 5%(Sierra Club 1). The ANWR was set aside for a reason, to be protected for later generations, so why drill in the protected site while 95% is open?

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