Footage of Offshore Oil Accident Highlights Risks of Deepwater Drilling

14 Offshore Drilling Pros and Cons

With the new push for offshore drilling in Alaska, we take the risk and D.C. takes the money. Anything beyond six miles off our coast is federal territory, and Alaska gets zero revenue from it. No royalty share. No reinvestment. Nothing. Meanwhile coastal communities carry the environmental and cultural risk - from subsistence disruption to spill response. And here’s the part nobody says out loud: Alaska has supported responsible development for decades because the benefits stayed in Alaska. NPR

35 reactions | Offshore drilling has become a popular method of extracting oil and gas from the ocean floor. While there are certainly risks and challenges involved in offshore drilling, there are also many benefits that come with it. In this video post, we will explore the benefits of offshore drilling and why it is an important part of our energy mix. | Mike Vickers | Facebook