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Thomas

Essay by   •  December 13, 2010  •  371 Words (2 Pages)  •  1,006 Views

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Drillin in Alaska Wildlife Refuges should not take place because the US should depleat their stockpiled reserves for the reason of oil dependency being at an all time high, the technological advances are ushering a negative rate of dependency, and lastly, the US needs to protects its wildlife refuges to save species and wilderness.

At this very moment, the US government has a record amount of oil stockpiled in case something happens where the US population is in need of the fossil fuel and there is no other way of getting it even through importation. Many are in favor of the stockpile because the US undoubtedly gets into emergencys where gas is needed but we have yet to get into an emergency that has taken a toll on the reserves or even dented the amount of barrels in our possesion. It is time

Oil dependence is defined as a dynamic problem of short- and long-run market power. The potential monopoly power of an oil cartel depends on its market share and the elasticities of oil supply and demand, while the economic vulnerability of oil-consuming states depends most directly on the quantity of oil

imported and the oil cost share of gross domestic product (GDP). Three times over the past 25 years disruptions of oil supplies from Persian Gulf producers have doubled or tripled world oil prices. While prices seem to go up and so does the demand for oil, it is time that the US does something to save the economy as well as vanquish the importing travesty overcoming the US. The US depends on so much to import after many years of industrial hits causing the outsourcing of many jobs but even morely, the need to import necessities to the American way of life have exploded.

Technological advances in automotive engineering have made huge leaps and bounds toward increasing the efficiency of automotive engines. Traditional engines run on a petroleum based liquid whether it be gasoline or diesel. Cars and trucks that use a diesel fuel tend

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