The United States needs is a policy that increases, domestic energy production. Offshore drilling development is a vital component of U.S. energy expansion. Making the appropriate arrangements to continue towards offshore oil and natural gas production will contribute to economic growth and a strengthened U.S. position in global markets. Oceans cover nearly three-quarters of Earth's surface and are home to many vast oil reserves. Unfortunately, attaining undersea drilling sites poses a challenge.
The United States Environmental Protection Agency reports that “almost 14,000 thousand oil spills are reported each year” (“Response”). Hence, it is clear that as the world continues to use this powerful, non-renewable resource more and more, accidents are very possible at any time. Moreover, oil spills damage the planet and society in numerous ways. As a result of marine oil spills, the organisms, the environments, and the economy suffer. Firstly, many organisms take damage when it comes to oil spills.
Talks about the history of OPEC and what their mission is and how the Impact the Oil community. Repanich, Jeremy . "The Deepwater Horizon Spill by the Numbers." Popular Mechanics. http://www.popularmechanics.com/science/energy/coal-oil-gas/bp-oil-spill-statistics (accessed November 13, 2013).
Introduction The purpose of this paper is to weigh the economic benefits against the environmental costs associated with hydraulic fracturing and determine which has the greatest worth and whether or not hydraulic fracturing should be used as a method for extracting natural gas. The use of hydraulic fracturing has become a more prevalent process used by energy companies, and as its scope increases, it is important to understand the effects of the process, both good and bad, on the world. According to Chevron, hydraulic fracturing methods are being used in the United States, Canada, Poland, Romania, Argentina and China highlighting the global relevance of hydraulic fracturing (Natural Gas from Shale). Oil and natural gas are formed in geologic time as organic matter is transformed by heat and pressure and over time, oil and gas may move into other formations where they are trapped (Fitzgerald 1338). These rock formations, where oil and gas are trapped, include shale, relatively impermeable sandstones, and coal beds (Fitzgerald 1338).
Phillips, M. (2013). Why Canada's Oil Sands Look Like a Shaky Investment. Retrieved on December, 23, 2013 from www.carbontracker.org/wp-content/uploads/2013/11/kxl-FINAL-Sun-24-Nov-CLEAN-FINAL.pdf Siegel, P. (2012). Tar Sands Oil: Pros and Cons. Retrieved on December, 24, 2013 from www.triplepundit.com/2012/04/tar-sands-oil-pros-cons/?doing_wp_cron Smith, C. (2009).