The Energy Crisis And Domestic Oil Revision

873 words - 4 pages

One of the major topics discussed today is how could gasoline prices be brought down, as most people would like to see? Refined crude oil has been the primary gasoline used to power automobiles since their invention in the year 1885. Fossil fuels make up 70 percent of the United States energy and with current technology, this method cannot be replaced. Wind and solar power combined only make up 2.8 percent of the United States’ energy. The constant fluctuation of the gasoline prices per gallon have steadily increased over the last ten years which has challenged many people to make ends meet. Since fossil fuels provide most of the energy in the United States, an increase in gas prices is ...view middle of the document...

We have the reserves. According to planet.infowars.com, the United States has enough crude oil to “fully fuel the American economy for 2,041 years straight.” Since the U.S. has this much oil, it is senseless to buy oil from a regions that dislike the U.S.
The production of gasoline requires locating and drilling for crude oil, paying private land owners for the rights to drill, the transportation of the crude oil to a refinery (whether by boat, pipeline or truck), the refining of oil into gasoline, and the distribution from refinery to gas station. This requires a large number of workers to accomplish this myriad of tasks.
Unemployment is an economic problem which could be dramatically reduced by domestic gasoline production. According to the U.S. State Department’s Final Supplemental Environmental Impact Statement, the construction of the Keystone XL pipeline from Canada to Texas alone would support more than 42,000 direct and indirect jobs nationwide. Domestic oil production in North Dakota (second only to Texas) has produced the lowest unemployment rate in the nation at 3.1 percent (as close to zero as any state can achieve). The demand is for both skilled and unskilled workers moving to North Dakota making it the fastest growing U.S. state according to the U.S. Census Bureau (July 2012). Similar results could be achieved in oil-rich states such as Colorado, Utah, Wyoming, Alaska and other areas of the United States. The only difference between these states and North Dakota is the fact that the land under which the oil is located in North Dakota is privately owned. The Federal...

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