Five Reasons Why We Need Big Oil Drilling

The speculations regarding the need for expanding oil drilling in the United States, both offshore and inland, receives plenty of bad press. There are certainly dangers to drilling and transporting oil when it is not done properly. However, people tend to focus on the few negative events while ignoring the total impact and positive effect that drilling for oil has on this country. Considering the potential benefits of continuing to expand oil drilling might sway some of the minds of the naysayers.

Stability of the Dollar

The economic climate of the United States has changed for the better over the past decade, but we are still far from being secure and thriving. Drilling for oil continually supplies jobs that assist in maintaining the health of the American economy. Rig operators, on-site construction, administrators, and maintenance specialists all depend on this practice for their livelihood. The economic benefits are essentially a given. The government would potentially be able to lower its deficit and address other key concerns through the royalties made from exporting more oil. Additionally, reducing the (Read More….)