Offshore

Y E S , I T N E E D S T O S T O P.

Drilling
 Union Oil spill, 1969

Ixtoc, 1979

Deepwater Horizon, 2010

53,000 barrels a day
43 gallons a barrel
5,000,000 total barrels
215,000,000+ gallons
 Deep
ENVIRONMENTAL Water
EFFECTS Horizon

Marine
Could take a decade to assess the damage of the spill Riser
83 rigs in Gulf 63 operated deep water
Blowout
Only 14, 5 years ago
Prevent
Five more projects (rigs) took place in 2015 er
13 expected in following 2 years

Gulf will be responsible for 16% of total U.S. oil

Macond
production
o Well

A clean energy future has long been in the picture

Going Green
Tesla Motors
 MONE
Y
Spend money on rigs to drill
Less than 2% from known reserves
Use 25% of worlds oil
Demand continues to grow

BP has taken 40 billion in pretax charges

because of the spill. Also cost to BP
stockholders in the form of reduced
dividends and reduced price for BP stock.
 SALE DECLINE
BP reports a 40% decline in sales

Value along the Gulf Coast is

declining
Economic activity
Property value decline
Decline in state and local government
revenues
Reduced income/sales/property tax
collections
 CREATE JOBS
Energy efficiency
Jobs
Fisherman
Effects food supply
Decreasing due to oil spills

1.3 billion lbs valued at 661

million - gulf fisheries
Also contains 4 of top 7 fishing
ports by weight
8 of top 20 top ports in nation
by dollar value
 GAS
Will PRICES
not affect prices to drop

Estimated in 2030 that drilling will

only account for 2.5% of US
consumption

Even if all offshore drilling was

opened, US would still import 58% of
oil
DANGERS OF DEEPWATER
DRILLING
Deaths/Injuries/Explosions
Deepwater Horizon 11 dead

Arctic Drilling 13% of undiscovered

oil
1000 miles away from nearest
coastguard response
Response rescue and cleanup
capabilities are nearly nonexistent
Coast guard has publically stated they
could not respond to a spill
http://www.heritage.org/research/reports/2012/08/offshore-drilling-increase-access-
reduce-the-risk-and-stop-hurting-american-companies

http://www.mnn.com/earth-matters/wilderness-resources/blogs/5-dangers-of-oil-drilli
ng-in-the-arctic-ocean

https://www.americanprogress.org/issues/green/news/2008/09/15/4894/ten-reasons-not
-to-expand-offshore-drilling/

http://news.nationalgeographic.com/2015/04/150420-bp-gulf-oil-spill-safety-five-years
-later
/