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The US Offshore Drilling Argument: The Debate Between Starting Now and Waiting a While

Posted on June 30, 2008

Offshore drilling is again in the news, with many saying we shouldn't drill now. Drilling will take more than 10 years for most of the oil in question. I believe that we need to start the process now, partly because the expected impact of peak oil will make drilling in future years much more difficult, and partly because technical advances within the petroleum industry have helped overcome some previous objections to drilling.Locations of concern include coastal waters such as those near Florida; the Outer Continental Shelf (OCS) (beyond state coastal areas); and the Arctic National Wildlife R...

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