Should the U.S. Allow Offshore Oil Drilling?

Should the U.S. Allow Offshore Oil Drilling?

Our lives revolve around oil. Oil brings food to our stores, comprises the fibers in our carpets and makes the plastic in our DVDs. With demand so high it’s no wonder attention has turned to supply, with some advocating the U.S. lift the ban against drilling for oil off its coasts. Is offshore oil drilling a golden opportunity, or would it only create a tidal wave of disaster?

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  • Alan123
    oil leases

    I think instead of giving lucrative oil leases to the oil companies the politicians should set up a division within the national parks to drill and mine on federally controlled land. The division could go to Alaska or where ever they could get oil on the market the fastest and drill. They could build a pipeline to ship the oil across federal land and sell it at market price. $4-5.oo per barrel could be put into a fund devoted to clean up of federal land even to the point of returning the land to its natural state once the oil is gone. Half the profits could be used to finance other drilling and mining operations. The other half could be used to finance environmentally friendly projects. Instead of leading the world in pollution the US could lead the world in the fight against global warming.

    - Alan123 September 14, 2008 6:01AM

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Offshore Oil Drilling?

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  • Kenneth B Medlock III
    Kenneth B. Medlock, III is currently a Fellow in Energy Studies at the James A. Baker III Institute for Public Policy and Adjunct Assistant Professor in the... More

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