1. The New Offshore Drilling Proposal
... and Barack Obama (both of whom include offshore drilling in their energy policy plans.) Offshore drilling operations would take federal funding to implement and years to establish for production; and because oil price is chiefly determined by a global average based on world GDP, not national assets, the direct effect on the per-barrel price would be insignificant. Moreover, even ... logistically impossible levels of additional drilling could never change the disproportional percentage of oil that must be imported in order to maintain a supply that satisfies our country's current level of...
- Word Count: 706
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate