Argument: Offshore oil exploration could result in a major find

Issue Report: US offshore oil drilling


Mark Hemingway. “Drilling in the Offshore Unleashing the oil companies.” National Review. 17 July 2008 – “due to restrictions on drilling, much of America’s coastline has never been fully explored, let alone with the latest technologies. Just a few months ago, an oil find was made off the coast of Brazil that might contain 33 billion barrels of oil. Now imagine what a similar find off the coast of America would do for oil prices.”