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 CaribeM 8 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 be allowed. Much less in such a corporative culture where there is no ethics,...
by Gary Anderson 6 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 … rum-2012-3Here is my response. We can thank libertarian thought for the...
by Chris 6 years ago
If we can move oil all over the world, why can't we do the same with rain water?If we can move oil from Canada, Alaska and Deep Water in the Gulf of Mexico, why can't we pump flood waters from the midwest into the drought-plagued south west?
by kerryg 7 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 drilling, it's the oil companies themselves holding out for higher profits.This...
by Stump Parrish 7 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 ngureco 6 years ago
How Comes God Gave Arabs Plenty of Oil?
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