The President of the US announced on the 14th of May well under the high pressure Republican together with people's dissatisfactory toward the high petroleum cost that new policies designed to expand the domestic petroleum production is going to be taken. Two areas, primarily Alaska and Mexican Gulf have dominant involvement in this policy.
The new policies incorporate simplify the issuing procedure of petroleum drilling and exploring in Alaska, prolong the signed contract of lease in Mexican Gulf, present far more vacant space for lease in national petroleum reservation location in Alaska and the like.
The policy was made in the course of Obama's Weekly routine and Net speech. Excluded some of the sensitive areas, I instruct the Department of Internal Affairs to conduct annual leasing activity in national petroleum reservation location in Alaska and quicken the evaluation procedure toward the petroleum and gas reservation in central and southern Atlantic location.
Obama admitted that these new policies aren't able to lower the international petroleum cost quickly.
At the end of March this coming year, Obama announced that America would cut by one third of its petroleum import by the year 2025.
A zone located at the northwest of Alaska, National Petroleum Reservation Location, occupying a land location of 23 million acres and adjacent to the Arctic National Wildlife Refuge, was utilised as a region for fuel source in 1923 by the US troops.
Bush Administration utilised to strongly advocate oil drilling and exploration in this area. In line with one of several reports of EIA in 2008, if Arctic National Wildlife Refuge was issued the oil drilling and exploring permit, 26 billion barrels of oil is going to be likely to be produced from 2018 to 2030. The initial estimation of EIA suggests that opening Arctic National Wildlife Refuge area will minimize the oil cost by 75 cents per barrel.Along with economic development, we really should safeguard the environment, specially water and oil resources. Nowadays, advanced technologies supplies us with dissolved air flotation and flotation. To further increase the water good quality, oxygen concentrator guarantees our humankind a safer location to live in.
Yet, Obama administration is strongly opposed to giving permit to conduct oil exploring activities in Arctic National Wildlife Refuge location and holding a rather open attitude toward NPRA location. Obama also reiterated that he would not loosen the strict standards for security and environmental protection even though within the meanwhile of expanding the oil and gas production within the country.
The above mentioned policy put forward by Obama administration has indicated that the US government has sensed the malicious influences imposed on the US economy by the high oil price. Therefore, this policy was a reflection of the new posture and standing point Obama administration adopted to deal with the high oil cost.
No comments:
Post a Comment