What Artic Energy Could Mean For 2021 & Natural Gas
As global energy demand increases, nations are increasingly looking for the most
prudent possible development of natural resources. While we are currently
enjoying the benefits of natural gas, the United States and other nations should
embrace the idea of tapping into the natural gas and oil located in pristine spaces.
As America’s economy and high standard of living depend on our ability to access
abundant and affordable energy, the United States, in particular, should consider
extracting the natural resources available near Alaska in the Arctic.
Why the Arctic's Abundance of Natural Resources is Important
In research carried out by the National Petroleum Council, it was found that the
Arctic region holds roughly a quarter of the world's natural gas. The study further
reveals that the Arctic has 10% of the world';s oil. The abundance of natural
resources in the Arctic can reverse projected declines in domestic production
through posterity. Nonetheless, if the United States fails to research the Arctic, the
nation will almost certainly lose its benefits in terms of energy security.
An Eye on Tomorrow's Energy
We may not be able to anticipate the direction of future advances in technology
entirely. Still, a time will come when Arctic power will need to be produced for
The question is, how soon will this manifest? Well, it all depends on our elected
officials plan against future posterity. If policies and decisions are short-sighted,
they will have an adverse effect in years and decades to come.
Arctic Offshore Leasing
The current presidential administrations have the potential to end offshore leasing
in the Arctic at any time. However, the US energy security will be jeopardized by
any administration that makes such a decision. Besides, the cancellation of offshore
leasing in the Arctic is detrimental to the entire Alaska economy.
Even the indigenous communities that are reliant on gas and oil production in
Alaska will suffer if the extraction of natural resources stops. If Arctic offshore
leasing comes to an end, such communities will not disappear, but they will no
longer be able to continue their traditional way of life. For instance, Alaska's
mayor is on record as stating the state's Iñupiat group's way of life will be in
jeopardy if the ecological conservation is not balanced with adequate resources
development to guarantee a sustainable future.
The Voices of the Debate
Nearly two dozen Alaskan businesses, labor, consumers, and indigenous groups
have formed a coalition to strengthen the importance of allowing Arctic offshore
drilling. The coalition has launched a beltway education campaign.
Nearly two dozen Alaskan businesses, labor, consumers, and native groups have
created an alliance to reinforce the importance of allowing Arctic offshore drilling.
The coalition has initiated a beltway education campaign. Former defense experts
and military personnel are also participating in the Arctic drilling controversy.
Some have written pieces for Washington Post to argue that continued investment
in the industry with a permanent presence in the Arctic of Alaska is vital to the
security of the country.
Accessing the Arctic's Energy Resources is Easier and Safer Than Many Assume
For more than a century, energy companies in the Arctic and elsewhere have been
safely developing natural gas, oil, and other resources. Energy companies today
have almost perfected the techniques for natural resource extraction. As long as the
drilling, fracking, and other extraction methods are carried out safely and
responsibly by the companies, this shouldn't be a problem for the people of the
Arctic. New technology development, combined with high operating standards and
a commitment to environmental protection, will benefit both energy companies and
Therefore, let's not close the door to the energy options of the United States. All
possible energy sources must be kept open-minded. This means that the
exploration of natural gas, oil, and other resources of the Arctic, which we need as
a species, should not be overruled.