Offshore Drilling
era drilling offshore in will not produce an immediate supply of oil, it will show speculators that we are attempting to append domestic production of oil in the U.S. this in call on should cause the value of oil to drop, thus decreasing the price at the pump. According to the National Review (2008) the U.S. Minerals Survey estimates that offshore drilling could produce 86 billion poses of oil. hence helping to ensure the energy in dependance and economic stability for future generations. Offshore oil drilling is a brisk asset to our future economic growth and energy independence. Without the oil resources available offshore our country will continue its dependence on foreign oil thereby ensuring economic instability for stratums to come.
A recent news story verbalize that experts expect oil to reach 200 dollars a barrel at heart the next five years, unless steps are taken to ensure we can produce our own oil. The biggest assurance we can have is to open up offshore drilling and commencement ceremony pumping our own oil.
ANWR (Arctic National Wildlife Refuge)
According to the U.S. Minerals Survey drilling in ANWR could produce up to 800 billion barrels of oil, enough oil to supply 5% of the U.S.s oil each year for 12 years before starting to decline. Drilling in ANWR will only use 2,000 of the refuges 19 million acres. The oil deposits in ANWR are estimated at trine times the proven reserves of Saudi Arabia. According to Charli E. civet cat of The Heritage Foundation:
The Arctic National Wildlife Refuge, located within the Arctic Circle in...If you want to get a sufficient essay, order it on our website: Ordercustompaper.com
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