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Reasons to drill off shore Essay Example

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Reasons to drill off shore

It is difficult for United States to replace oil with another energy source at present because of the huge dependence of America on oil fuels. America is producing only 10% of its total oil needs, which means around 90% of oil required for its domestic usage, is being imported from overseas countries. It is difficult for America like big country to rely heavily on other countries for energy needs. “Unfortunately, because of dumb luck, most of the world’s petroleum is controlled by nations that are unfriendly to the United States. Russia, Saudi Arabia and Iran were three of the top five producers of petroleum in 2007” 2009). Arab countries, Russia and China are the major oil producers in the world and America’s relations with these countries are not so good. Under such circumstances, if these countries decide to stop oil supply to America, energy crisis may intensify in America. Under such circumstances, it is necessary for America to increase offshore drilling to find out more oil sources. As Robert Bryce says, the possibility of big discoveries cannot be ruled out in offshore drilling. It should be noted that the entire faces of gulf countries have been changed immensely as result of the discovery of oil sources in those countries. The living standards of the people in gulf countries improved a lot as a result of the oil discovery. Such dramatic things can happen in America also and therefore oil drilling or offshore drilling should be continued even though criticisms are there. The following statistics from Louisiana reveals the importance of offshore drilling further.Louisiana has had offshore drilling since 1947. About 172 active rigs dot the Gulf of Mexico waters off the coast, producing about 79% of the oil and 72% of the natural gas that comes from drilling off the nations coastlines. The state gets about $1.5 billion annually in oil and gas revenue, a figure that will grow when it starts receiving part of oil companies royalty payments in 2017 under federal law (Jervis et al, 2008).The above statistics clearly underline the necessity of offshore drilling. However, environmentalists argue against offshore drilling citing environmental problems. They argue that offshore drilling may pollute sea water. In their opinion, oil spills may cause tremendous damages to marine life. The following statistics can silence their arguments.A report

References

1. Column: Offshore Drilling Not Hoax, But Necessity To United States (2009). Retrieved

from http://www.cbsnews.com/stories/2008/09/27/politics/uwire/main4482333.shtml

2. Daniel, Kalio, L A & Pepple (2006). Effect of Bonny Light Crude Oil Pollution of Soil

on the Growth of dayflower (Commelina benghalensis L.) in the Niger Delta, Nigeria, J. Appl. Sci. Environ. Mgt. June 2006, Vol. 10 (2) 111 – 114

3. Dimicco D (2010). No need to end offshore drilling. Retrieved from

http://www.politico.com/news/stories/0710/39977.html

4. Gertz, E. (2008). Can Offshore Drilling Really Make the U.S. Oil Independent?.

Scientific American. September 12, 2008. Retrieved from http://www.scientificamerican.com/article.cfm?id=can-offshore-drilling-make-us-independent&page=3

5. Jervis R, Welch W.M & Wolf R. (2008). Worth the risk? Debate on offshore drilling

heats up. USA Today (13 July 2008). Retrieved from http://www.usatoday.com/money/industries/energy/2008-07-13-offshore-drilling_N.htm

6. Oil prices and global economy (2006). Retrieved from

http://www.scribd.com/doc/4230029/Oil-Prices-Global-Economy

7. Offshore Drilling: How big of a role will it play? (2010). Retrieved from

http://webberenergyblog.wordpress.com/2010/04/19/offshore-drilling-how-big-of-a-role-will-it-play/

8. The facts on offshore drilling and production importance, (2010). Retrieved from

http://www.offshoreenergytoday.com/the-facts-on-offshore-drilling-and-production-importance/

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preview essay on Reasons to drill off shore
  • Pages: 6 (1500 words)
  • Document Type: Essay
  • Subject: Environmental Studies
  • Level: Masters
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