Why is Offshore Drilling Good?
Offshore drilling is a contentious issue. Some people believe that it is terrible for the economy and environment, while others see it as an economical way to produce energy. However, when you look at the facts, many benefits of offshore drilling make it worth pursuing. Here are five reasons why offshore drilling can help your country’s economy grow.
1. Boosts a country’s economy
When you look at the scope of offshore drilling, this industry affects many people in different sectors. That includes suppliers to that particular industry, which generates more money for them. Furthermore, research has shown that when an industry is up and running, it will have a multiplier effect on job growth.
If one sector employs 100 people, another industry related to the same will employ 50 people, thereby creating 150 offshore drilling jobs because of demand created by the first sector. That’s how vital offshore drilling is because it provides many opportunities through various means to help grow your Economy.
2. Gives More Energy Security
As our insatiable appetite for energy increases each day, so does our need for secure supplies of energy that are economically viable. With the economies growing fast comes an increased demand for energy, even though fossil fuels may be limited. Not only is offshore drilling environmentally friendly, but it also helps us gain access to clean, renewable energy sources that are available in nature.
3. Environmentally friendly
Most people want to make the world a better place by protecting the environment from certain “toxins.” For example, drilling at sea is less harmful than on land, but companies that drill offshore have also taken safety measures.
For example, safety air tanks are already installed in all deep-water oil rigs today and can be used in emergencies or drills that go wrong. Furthermore, researchers tend to agree that deepwater emit fewer toxins into the atmosphere than on-shore drilling. So offshore drilling is not only good for your Economy but also great for your planet.
4. Increased Oil Production
With offshore drilling, you can access more extensive reserves and provide your country with increased energy production. That will drive down prices over time without relying on imports and conserving what you have. The best part is that production can continue for thirty or more years once the oil has been struck.
5. Technology Makes Offshore Drilling Safe
Many people believe that offshore drilling is not safe because of the number of oil spills that occur annually or over a particular time. However, in all fairness, it’s clear that technology today has improved significantly and made it far safer to do offshore drilling.
There are many reasons why offshore drilling is good. The most important of these is that it helps to keep the environment clean and safe for future generations. Of course, everyone wants a planet with fresh water and breathable air – but what if there wasn’t anymore? Over time our natural resources will run out, and fossil fuels such as coal, oil, and gas power so much of the world’s energy sources. Offshore drilling helps us avoid this fate by ensuring access to healthy renewable fuel sources like wind or solar power.
