When you speak to a dozen people about oil drilling, you will probably come away with a dozen different answers as to how people feel about it. It is a topic that does have controversy surrounding it, certainly. Some people feel that drilling is a bad idea, but often those people don’t stop to think about all of the actual advantages that come from supporting drilling and oil. In fact, it can offer quite a few benefits, which we will discuss in this post. Check out the “Three Es of Oil” to understand the advantages.
Energy
Naturally, the first thing that comes to mind is energy. The world needs energy to operate, and even though there are some renewable options out there, they simply aren’t as reliable and widespread as oil. Oil happens to be one of the easiest sources when it comes to generating actual energy, and it is common throughout the world. It is relatively easy to collect and distribute, so long as the companies that are drilling and transporting the oil are taking the proper safety precautions.
Environment
At first blush, many believe that oil is bad for the environment, but that’s not always the case. There’s an interesting hypothesis that’s been circulating among some scientists. They’ve noticed that there has been a decrease in the amount of methane content in the atmosphere. They feel that since we’re drilling the oil and gas, there is less natural seepage of hydrocarbons into the air, and that this could be a large contributing factor to the decrease of natural methane emissions. In addition, many of the gas and oil companies today have programs that help the environment, and they have a number safety measures in place to prevent catastrophes.
Economy
There is certainly an economic benefit to this as well. Drilling provides more employment opportunities. Not only do drilling operations need to have employees, but so do the shipping and transportation industries that support drilling operations. Ultimately, drilling could help to keep the price of oil more constant instead, giving everyone a break from the yo-yo effect we experience now. Having more domestically drilled oil also reduces the need for dependence on other countries for energy.
The Three Es are just some of the biggest advantages to drilling, and it is important that we continue. Even though some might not like the idea of drilling, they can’t deny that it certainly does offer a number of benefits.
About Oil Works Inc.
Oil Works, Inc. is a complete drilling rig equipment manufacturer and service provider based in the Permian Basin for over 20 years. OWI’s product and service offerings include Derricks, Substructures, Drawworks Manufacturing, Mud Systems, Rig Walking Systems, Power Generation, Control Systems, Iron Roughneck Services and complete Rig Solutions built to API and ISO standards. OWI is also proud to offer 24/7 Service and Support.