Paper Topic:

Offshore Drilling

In spite and despite of the disturbing price escalation in the world market of a commodity that we humans cannot exist without , namely oil offshore drilling is never a choice . Not only will engaging in this kind of activity bring harm to our environment , with the possibility of oil spills and grave disturbances to the marine life , but this will not bring about lower oil prices as predicted

Fossil fuels , which include oil , coal and natural gas , are nonrenewable sources of energy (California Energy Commission , 2006 . These came from diatoms , creatures like

planktons , that died billions of years ago and their bodies were buried under heavy sedimentation through out time (California Energy Commission , 2006 . Somehow , these creatures were preserved by nature with their energies intact , and gradually they became what we now call fossil fuels (California Energy Commission 2006 . The fossil fuel , oil , is considered to be one of the most needed commodities in the world

In the United States alone , oil consumption reached 20 ,680 ,000 barrels daily in 2007 (Energy Information Administration , 2008 . One oil barrel is equivalent to 158 .9872 liters and each barrel is now priced in the world market as 106 .23 (Williams , 2008 . This is no surprise as to the fossil fuel in its oil form serves many purposes in various industries not only in the country , but around the globe as well . Inside the house oil can be seen being utilized from appliances to cosmetic products plastic containers to candles (Paleontological Research Institution 2005 . Oil , through refining makes very good synthetic fibers that usually end up in our curtains and carpets (Paleontological Research Institution , 2005 . Oil can be used to make detergents , synthetic shoes rubber , some drugs , pen ink , bandages , paint , and fertilizers (Paleontological Research Institution , 2005 . Apparently , not even half of the oil used for these household and industrial items can measure up to utilization of oil in terms of petroleum consumption . The increasing demand in the country and the increasing world market price prompted the president to reconsider offshore drilling

Offshore drilling is a process which involves the utilization of certain machines that enable them to dig ' into offshore lands , usually found in the middle of big bodies of water ( HYPERLINK "http /science .howstuffworks .com /about-author .htm " \l "freudenrich Freudenrich , 2001 . But it 's not the only requirement needed to operate gigantic oil rigs , finding oil , preparing to dig , the process of drilling itself , and then they will test for oil and extract afterwards ( HYPERLINK "http /science .howstuffworks .com /about-author .htm " \l "freudenrich " Freudenrich , 2001 . The monetary amount needed to finance an offshore drilling project or business is estimated to cost 500 ,000 to 550 ,000 a day , for renting the oil rig alone (Philips 2008 . The huge amount of financing needed is the start of a string of questions directed towards the president for even thinking of uplifting the ban on this industry . It 's not only the monetary issue the time allotted for this drilling is not in terms...

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