1. The New Offshore Drilling Proposal
... 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 consumption. The only way to stop exporting wealth to foreign oil is to stop importing foreign oil altogether, and the only way to function witho...
- Word Count: 706
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate