Oil Drilling Essay Example

solutions for tackling the energy crisis. Conserving energy is an effective strategy for reducing oil and gasoline prices.

Following a reduction of 800,000 barrels per day in American oil consumption, the price of oil per barrel - which had previously exceeded $140 - has fallen. Raphael took note of this decline. Despite having less than 2% of the world's known oil reserves, America consumes as much as 25% of global oil usage. This indicates an apparent discrepancy between supply and demand.

To reduce our dependence on oil, it is suggested that Americans prioritize conservation methods like walking or biking to work rather than driving. Even if the moratorium-affected areas were allowed for drilling, it would only meet 1% of our petroleum needs by supplying 200,000 barrels of oil per day. Our demand outweighs production capacity; hence we need to focus more energy and resources into alternative sources such as electricity and natural gas. By investing half of our current efforts in these alternatives, we can decrease reliance on oil significantly. The debate surrounding offshore drilling will likely continue for years.

Although opinions on offshore drilling vary, with some viewing it as a way to achieve independence from unfriendly nations while others criticize its lack of foresight, there is agreement that the United States needs to tackle this matter.

It is of great importance to address the energy crisis in the region.