Oil Exploration And Drilling, Oil, And Natural Gas

1592 WordsSep 19, 20167 Pages
Oil Exploration and Drilling The fossil fuels contain high percentage of carbon and include coal, oil, and natural gas, are the major source of energy that power our modern society. Fossil fuel range from low carbon to hydrogen ratio like methane, to liquid petroleum, to almost pure carbon like coal. Petroleum, such as natural gas and crude oil, contains a mix of hydrocarbons. Hydrocarbon deposits underneath the earth surface, such as oil and natural gas, is search by petroleum geologist and geophysics, called hydrocarbon exploration and oil exploration. The Obama administration released its draft proposal for five-year offshore gas and oil drilling plan on Atlantic. For the first time since 1983, the plan would open the Southeast Atlantic Coast from Virginia to Georgia to offshore oil and gas drilling. President Obama insists that if there is oil drilling off of the East Coast, it will decrease our dependence on foreign oils, improve our economic, and lowering gas prices. The land holds an estimated 130 million barrel of oil, according to a US Geological Survey. The oil drilling will not only provide the oil stock but will benefit the states financially and create more jobs for economic stability. Predicting such oil drilling would generate nearly 280,000 new jobs nationwide and add 1.3 million barrels of oil per day to U.S. production, per oil industry lobbyists. Oil exploration is an expensive, high risk operation, and clustered under the science of petroleum geology.

More about Oil Exploration And Drilling, Oil, And Natural Gas

Open Document