project 4 - Tessier 1 Nathan Tessier Justine Lutzel Wrt...

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Tessier 1 Nathan Tessier Justine Lutzel Wrt 104-16 13 April 2007 Drilling for Oil in Alaska With summer approaching, the issue of increasing gas prices will resurface as we may once again see prices reach three dollars a gallon or more. America’s demand for oil is at an all time high. When most think of oil, they focus their minds on gasoline. Although gasoline is one of the main products of crude oil there are also many other uses. For example, oil is used to heat homes, as the base for plastics, and as the base for all petroleum products. Much of the fight in the Middle East is based around the search and discovery of oil. As this fight in the Middle East continues, we need to find more sources to meet the high demand for gasoline. The availability of domestic oil products in the United States is not enough to suffice. Located within the U.S. is the Artic National Wildlife Refuge (ANWR). This small plot of land may be the answer to our problem. With advances in technology, we would be able to safely and effectively produce more domestic oil. The United States should drill for oil in the ANWR to reduce our dependency for foreign oil and to help slow the rise of gas prices. If we lower our dependence on foreign countries, then we strengthen the individuality of the United States. Once the commitment is made, we should also invest in developing and implementing new technologies to more efficiently produce and refine crude oil in this oil-rich region. “The US Geological Survey estimates ANWR could contain from 5.7 billion to 16 billion barrels of recoverable oil. If a mean average of 10 billion barrels is recovered, that would be enough to replace imports of Saudi oil at current rates of consumption for nearly 30 years” (ANWR).There are many benefits economically if we begin to drill in Alaska. “The demand for oil and gasoline shows no sign of slowing down. Global daily oil demand has grown by about 14 million barrels per day over the last 15 years and is expected to spike up another 45 million barrels by 2030” (Starkey 115). Today foreign oil accounts for about 80% of oil imports. Only 20% comes from current Alaskan fields. “The US spends 120 billion dollars annually for imported oil” (ANWR). Another cost we also must consider is the cost of
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Tessier 2 protection and defense. “Many important producers are in politically sensitive areas – Saudi
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This note was uploaded on 05/01/2008 for the course WRT 104 Sectio taught by Professor Meidland during the Fall '08 term at Rhode Island.

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project 4 - Tessier 1 Nathan Tessier Justine Lutzel Wrt...

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