News / USA

    US Oil Industry Pushes For Expansion of Offshore Drilling

    Multimedia

    The U.S. oil industry is seeking to pressure the Obama administration into reconsidering its decision to limit offshore drilling along U.S. coasts - a decision made following the BP oil spill disaster last year.  A new study commissioned by the American Petroleum Institute says oil demand in the U.S. will grow by 50 percent by 2035.  Without greater access to new offshore wells, the trade group says, U.S. dependence on foreign sources will grow.  But, some argue the solution to America's energy independence is less oil, not more.

    Despite efforts to reduce energy consumption and improve fuel efficiency, the American Petroleum Institute says America's appetite for oil is growing.

    Jack Gerard, the president of the U.S. oil industry's largest trade group, says the solution is to expand offshore drilling - which in turn will create thousands of new jobs.

    "Over the next three, four, five years, we have an opportunity to be a significant economic engine to help stimulate the recovery," said Gerard. "These are well-paying, highly sought-after jobs and again, what we need is the political will to provide the opportunities."

    Gerard says opening up areas now off limits to development could create as many as 500,000 jobs by 2025 and generate $150 billion in government revenue.

    He's urging lawmakers to set aside political differences and allow expanded drilling in the Gulf of Mexico, off the East Coast and in parts of Alaska.  

    But some insist that would be a step backwards.

    Dan Weiss is director of climate strategy at the Center for American Progress.

    "Where we ought to putting our emphasis is reducing our demand for oil," said Weiss. "That will be faster, cleaner and cheaper than dramatically expanding offshore oil drilling."

    While the industry says it supports the development of alternative sources of energy, experts say it will be difficult - if not impossible - to completely eliminate America's addiction to oil.  With demand skyrocketing in emerging economies, such as China, Gerard says delaying development of America's oil reserves now, will only send jobs elsewhere.

    "The alternative to putting our own people back to work is to increase our reliance on other forms and sources of energy and we believe the best solution is to develop American energy for all Americans," he said.

    Weiss is skeptical of the industry's job and revenue projections.  He says dollar for dollar, there are more efficient ways to create jobs.

    "When it comes to jobs, Investing a million dollars into clean energy like efficiency, solar or wind power would create four times as many jobs as investing that same million dollars into oil production," he said.

    But with a new Republican majority in the U.S. House of Representatives, and crude oil prices hovering at a two-year high, analysts say there will be increased pressure on the Obama administration to expand domestic oil production.

    You May Like

    UN Observes International Day of Peacekeepers

    The U.N. honors 3,400 peacekeepers killed since first mission in 1948

    Video Rolling Thunder Tribute to US Military Turns into a Trump Rally

    Half-million motorcycles are expected to rumble Sunday afternoon from Pentagon to Vietnam War Memorial for rally in event group calls Ride for Freedom

    The Struggle With Painkillers: Treating Pain Without Feeding Addiction

    'Wonder drug' pain medications have turned out to be major problem: not only do they run high risk of addicting the user, but they can actually make patients' chronic pain worse, US CDC says

    This forum has been closed.
    Comments
         
    There are no comments in this forum. Be first and add one

    Featured Videos

    Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
    Chinese-Americans Heart Trump, Bucking National Trendi
    X
    May 27, 2016 5:57 AM
    A new study conducted by three Asian-American organizations shows there are three times as many Democrats as there are Republicans among Asian-American voters, and they favor Hillary Clinton over Donald Trump. But one group, called Chinese-Americans For Trump, is going against the tide and strongly supports the business tycoon. VOA’s Elizabeth Lee caught up with them at a Trump rally and reports from Anaheim, California.
    Video

    Video Chinese-Americans Heart Trump, Bucking National Trend

    A new study conducted by three Asian-American organizations shows there are three times as many Democrats as there are Republicans among Asian-American voters, and they favor Hillary Clinton over Donald Trump. But one group, called Chinese-Americans For Trump, is going against the tide and strongly supports the business tycoon. VOA’s Elizabeth Lee caught up with them at a Trump rally and reports from Anaheim, California.
    Video

    Video Reactions to Trump's Success Polarized Abroad

    What seemed impossible less than a year ago is now almost a certainty. New York real estate mogul Donald Trump has won the number of delegates needed to secure the Republican presidential nomination. The prospect has sparked as much controversy abroad as it has in the United States. Zlatica Hoke has more.
    Video

    Video Drawings by Children in Hiroshima Show Hope and Peace

    On Friday, President Barack Obama will visit Hiroshima, Japan, the first American president to do so while in office. In August 1945, the United States dropped an atomic bomb on the city to force Japan's surrender in World War II. Although their city lay in ruins, some Hiroshima schoolchildren drew pictures of hope and peace. The former students and their drawings are now part of a documentary called “Pictures from a Hiroshima Schoolyard.” VOA's Deborah Block has the story.
    Video

    Video Vietnamese Rapper Performs for Obama

    A prominent young Vietnamese artist told President Obama said she faced roadblocks as a woman rapper, and asked the president about government support for the arts. He asked her to rap, and he even offered to provide a base beat for her. Watch what happened.
    Video

    Video Roots Run Deep for Tunisia's Dwindling Jewish Community

    This week, hundreds of Jewish pilgrims are defying terrorist threats to celebrate an ancient religious festival on the Tunisian island of Djerba. The festivities cast a spotlight on North Africa's once-vibrant Jewish population that has all but died out in recent decades. Despite rising threats of militant Islam and the country's battered economy, one of the Arab world's last Jewish communities is staying put and nurturing a new generation. VOA’s Lisa Bryant reports.
    Video

    Video Meet Your New Co-Worker: The Robot

    Increasing numbers of robots are joining the workforce, as companies scale back and more processes become automated. The latest robots are flexible and collaborative, built to work alongside humans as opposed to replacing them. VOA’s Tina Trinh looks at the next generation of automated employees helping out their human colleagues.
    Video

    Video Wheelchair Technology in Tune With Times

    Technologies for the disabled, including wheelchair technology, are advancing just as quickly as everything else in the digital age. Two new advances in wheelchairs offer improved control and a more comfortable fit. VOA's George Putic reports.
    Video

    Video Baby Boxes Offer Safe Haven for Unwanted Children

    No one knows exactly how many babies are abandoned worldwide each year. The statistic is a difficult one to determine because it is illegal in most places. Therefore unwanted babies are often hidden and left to die. But as Erika Celeste reports from Woodburn, Indiana, a new program hopes to make surrendering infants safer for everyone.
    Video

    Video California Celebration Showcases Local Wines, Balloons

    Communities in the U.S. often hold festivals to show what makes them special. In California, for example, farmers near Fresno celebrate their figs and those around Gilmore showcase their garlic. Mike O'Sullivan reports that the wine-producing region of Temecula offers local vintages in an annual festival where rides on hot-air balloons add to the excitement.
    Video

    Video US Elementary School Offers Living Science Lessons

    Zero is not a good score on a test at school. But Discovery Elementary is proud of its “net zero” rating. Net zero describes a building in which the amount of energy provided by on-site renewable sources equals the amount of energy the building uses. As Faiza Elmasry tells us, the innovative features in the building turn the school into a teaching tool, where kids can't help but learn about science and sustainability. Faith Lapidus narrates.

    Special Report

    Adrift The Invisible African Diaspora