Offshore Drilling Essay

1518 Words 7 Pages
America’s economy is heavily based on petroleum, as though it is the nation’s blood; a necessity for survival. Reacting to America’s support of Israel, Arab (OPEC) nations in the Middle East restrict oil exports to the U.S. As a result, a decrease in the oil supply caused gasoline prices to quadruple. As America attempted to promote alternative energy sources, oil companies expanded their search for offshore oil. Approximately 25% of oil produced in the U.S. comes from offshore rigs. Due to environmental concerns following an oil spill off the coast of California in 1969, an offshore drilling suspension was put in place. Since then, America has amplified its expenditure of energy to nearly 25% of the world's oil. Meanwhile, the U.S. …show more content…
Ever since the Middle East oil embargo of 1973 was established, America undertook an increased need for domestically produced oil.
In September of 2008, Congress permitted the ban on offshore drilling to terminate. The technology for locating oil has improved since the ban was put in place, and there is likely more oil offshore than the government estimates. As a result, oil is more than likely to be available sooner than expected because individual states have an interest in promoting the process.
Drilling for oil offshore can cost up to hundreds of thousands of dollars per day. Thus, oil companies like to be as certain as possible about the location of oil before they commence to drilling. One of the most competent methods they have of deciding where oil is likely to be, is through an acoustic survey. This survey is where an explorative ship projects sound waves into the water. These waves rebound off undersea structures, such as rock formations, and with the echoes these waves create, scientists are able to determine whether or not there might be oil below.
When oil companies are sure there is oil in a particular location, they drill from ships and other structures into the submerged rock. They then pump fluid through pipelines into the drilled areas to extract materials that would indicate the existence of oil. Once a company is certain that there is a plentiful amount of oil
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