Is it because we don't have oil or crude beneath our own America's surface?
Depends on who you believe. Some say there's gazillions of of oil under the Rockies mostly in national forests. Some say that is a myth and there isn't.
We do drill oil in the US. Oil exploration, drilling and refining is very costly.
Checking the EIA site, "In 2010, the U.S. produced about 5.5 million barrels of crude oil per day and imported about 9.2 million barrels per day." Most of the oil produced here is refined in US refineries.
It actually is a very interesting topic. I had to find out more about it because I inherited some mineral rights in North and South Dakota. It's a long story that I won't begin to share here, but I kind of have a love/hate relationship with oil.
I do know this, the US has plenty of oil.
This site has a regional map of the US and other interesting information.
The U.S. has plenty of oil kept as reserves for harder times! Meanwhile it pilfers others' oil resources!
The US should drill in their own country as they use so much of it. They should leave the Arctic alone. There is not much there and that will destroy the pristine environment there. The US should be looking at sustainable resources such as wind and solar or something else.
There's plenty of oil, unfortunately there is not enough money for big oil.
I think its because the us is greedy misers. They want to use everyone elses up first before tapping into our own.
by CaribeM7 years ago
The recent events in the Gulf after the explosion of the Deepwater Horizon, reminds us again that offshore oil drilling is too dangerous for marine ecosystems and coastal communities and economies, I think it should not...
by Gary Anderson5 years ago
Worried about the price of gas? Our oil companies aren't. They export oil in the SF Bay and in April will start exporting West Texas Intermediate (WTI) from the Gulf of Mexico. http://www.businessinsider.com/the-asto...
by Stump Parrish6 years ago
How do we make sure this doesn't happen again you ask? Deregulate further and open more of the gulf to drilling. That could only makes sense to those in the oil companies back pockets.
by kerryg6 years ago
Contrary to what has been suggested in several posts here over the last few weeks, Obama's supposed imposition of "regulation after regulation, roadblock after roadblock" is not what's holding up domestic oil...
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.