Others argue that the oil in the reserve isn't enough to put a dent in or imports America brings in about per year from foreign nations , while contributing to climate change and. I am just a little confused here. The stakes were high for the company - and the environment. So is Arctic drilling inevitable? Offshore Drilling Cons Expensive Facilities The equipment and rigs that are necessary to complete the process of offshore drilling is very expensive. Drilling for oil in Alaska would occur in the Arctic National Wildlife Refuge, which is a safe haven for animals such as wolves, caribou, polar bears, wolverines and more.
This means that the descending legs of an oil platform can actually help create marine life instead of just attracting it. During these months, major storms, frigid waters and 50-foot-high waves are common. . Caribou graze on the coastal plain of the Arctic National Wildlife Refuge. It may start with the small fish, even plankton, but the fuel remnants will remain in them. Ironically, she says the only reason she and her colleagues are able to gather data from the far-flung regions of the 49th state is because of the Trans-Alaska Pipeline System. We use fossil fuels for home heating and cooling, but a majority of them are used for transportation.
How else would we know where to extract the oil without the help of sophisticated equipment? However, we are yet to find a fitting substitute of oil. Proponents say it will create jobs, generate over the next decade, and make the country more energy independent. Extraction would not displace or steal land away from any native population, and no one country or group of countries can monopolize the reserves of carbon-based and mineral resources there, making the polar regions a vital economic opportunity for all nations. It is well known that. Allowing resources such as oil, natural gas, and minerals to be extracted from the Arctic and Antarctic increases the risk of , Arctic pollution, and the destruction of natural habitats.
Last but not the least, offshore drilling for oil is not free of accidental cases. Those are all valid concerns, without question. There can be direct attacks on animals which could be conscious and intentional. According to labor leaders, how could drilling impact the job market? Last week, the Senate voted to open up the refuge to oil and gas drilling for the first time ever. From an ordinary commuter to multinational companies, everyone has a need for oil in one way or another.
Sociological Benefits Those who live in or around the areas in which the drilling would occur would also benefit, particularly in the form of better schools and hospitals. This means finding alternative sources of fossil fuels may become necessary for our modern lifestyle to continue being supported. High Risk Job Working on an off shore oil rig is very dangerous, there are many risks involved including fires and drowning. Some families are making less money today than they made in 1980. Any investments recommended by Investment U should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.
Even the noise and the dust from such operations can harm the local fauna. High Carbon Emissions The drills that are used to drill into the seabed cause a very high amount of carbon emissions to be put into the atmosphere. List of Pros of Offshore Drilling 1. Lower Oil Prices If oil is being produced on home soil, then foreign countries have no say in the prices of the oil, which are often inflated. Predators such as arctic foxes, ravens and gulls have thrived, feeding on garbage around the oil fields, but they also prey on rarer and in some cases endangered birds, the report said. The National Academy of Sciences panel said that development of the area since 1968 has produced large social and economic effects — some positive, such as better schools and health care, and some negative, like increased diabetes and alcoholism.
In addition, the States along the eastern seaboard and the Gulf would see immense economic benefits. This has allowed increased exploration for minerals. It Could Create Thousands of Jobs Unemployment rates fluctuate month-to-month, but there is no denying that the impact of the Great Recession is still being felt by working families. These reservoir rocks are then trapped in compact and impermeable rocks without pores called the cap rocks. Natalie Boelman studies how climate change is impacting animals and plants in the Arctic.
Alternative sources of energy, the renewable sources in particular, have become more preferred and we have made some progress in exploring the various greener and more sustainable options. The debate over whether to drill for oil in Alaska has been ongoing for a long time. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Last week, the Senate voted to open up the refuge to oil and for the first time ever. This means that voyages can now be conducted to areas that were previously inaccessible. Why would we want to drill in the Arctic and Antarctic? An additional consideration are the potential positive and negative impacts on local economies, any environmental risks such as disrupting ecosystems and political sensitivities.
Along with the technological advancements that bring along the ability to identify oil and gas pockets, ice is rapidly declining in the Arctic Sea. According to the National Research Council,. Another option is letting nature deal with the oil through biodegradation. However, we consume more than 80 million barrels of these natural resources every day that it will not be too long before they run out. Caribou aren't a threatened species, but biologists think they may be on the brink of a steep decline due to climate change.
Food Chain Problems It is inevitable that a small amount of oil is spilled into the ocean during drilling, this oil contaminates the water, which in turn contaminates the fish. The resulting crude oil is accumulated in porous reservoir rocks that can either be limestone or sandstone. Pollutants are also released during the transportation processes including the shipping of oil for distribution. I think our economy would be benefited by the venture. Oil and gas development has in other areas.