Is Drilling Necessary Essay - 1344 Words

During the last few years, the people of the United States have spent money excessively when and where spending was unnecessary. The excess spending has resulted in the current recession. The economy went into recession when the price of gasoline increased to four or five dollars a gallon in 2008. A way to offset the recession would be to expand drilling in the United States. The Energy Information Administration estimates the amount of oil in the Bakken Formation alone at 3.0 to 4.3 billion barrels. Drilling for oil domestically is not only viable but also, it is beneficial to the United States because it will reduce reliance on foreign oil, provide fuel at a cheaper cost, and create jobs for American citizens. Oil and oil-like†¦show more content†¦Why America is not drilling is an example of insufficient use of local resources. By inland drilling from the reserves, Americans could cut the cost of spending on foreign oil and provide for the citizens of the United Stat es. Because of the vast resources, America can drill without having to worry about consuming all the resources available. The United States dependence on foreign oil has harmed the economy. In the article, â€Å"Wishing Well,† Tim Burnhill states, â€Å"Everyone agrees the U. S. must reduce its reliance on imports from potentially hostile countries, which means finding new domestic reserves.† Burnhill is right! If America will begin drilling domestically, the country will recover from some of the debt created in the States. Rather than depending on its own resources, the United States continues to depend on the imports from violent countries who only want to see America fall. The fact of the matter remains that the debt has become too high and the resources from violent countries such as Iran, Iraq, and Pakistan, are no longer affordable. Libya is another violent country ran by Moammar Gadhafi. Gadhafi wants to receive favor from his countrymen by lowering the gas price, giving dinars to each household to live on, and offering more credit to those who own a cell phone. Not only that, but Gadhafi has taken steps to insure that money from oil will stay in the East through â€Å"the Arab Gulf Oil Company, an affiliate of the Libyan government’sShow MoreRelatedThe Development Of Maersk Drilling Essay1078 Words   |  5 PagesMaersk Drilling (MD) is undertaking a large-scale, fundamental change to implement a new ERP strategy and develop the proficiencies to accomplish effects not possible simply by refining and enhancing their current way of organizing and optimizing work procedures. Maersk Drilling is implementing a deep change, in that it involves shifts in the behaviors, normative procedures, and standards of end-users. 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