Where are we looking to drill for oil in the US?

Question

oil in the US?

Answer 1

offshore and ANWR

Answer 2

We aren't really looking to drill. This is a political game. We consume 25% of the world's oil and we have  3% of the world's proven reserves. Drill her, drill now is a joke. We could drill every drop we have and it wouldn't make a significant impact. It might make more sense to hold on to those reserves. The only sensible answer to our energy problems is to develop and use alternative energy sources. This will allow us more petroleum for the energy needs where we really need to use petroleum.

What we should do is allocate an amount equal to the fiasco, or to use d**k Cheney's word, quagmire, in Iraq to alternative energy and we would be looking good.

Answer 3

The companies that find, extract, refine and deliver the petroleum products (not just gas and diesel) so vital to our economy aim to explore the outer continental shelf on the Atlantic and Gulf coasts, reinvigorate drilling off the coast of California (like Santa Barbara), add capacity in the Montana/Dakota Bakken formation and expand recovery of shale oil the upper west.

I've added a link to a news story on the Bakken  formation below.

By most estimates, the US is sitting on 2 trillion (that's 2,000,000,000,000) barrels of oil reserves. I would agree that we need to move towards renewable non-petroleum energy, but we should be using these resources together with nuclear, hydroelectric, wind, solar, etc. to carry us through to the day when we can leave petroleum based energy behind.

In closing might I suggest that the reason oil companies are not keen to drill on the 68 million acres of currently leased land is because there is little evidence to suggest the presence of oil and gas??

Answer 4

The oil companies have 68,000,000 acres under lease to drill. 33,000,000 of these are offshore. Problem is, they just want more leases without using the ones thay already have.