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


years afterward.



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