subject: The Future Of Energy: Oil And Natural Gas [print this page] While there are other methods of energy being explored for the future, oil and gas remain an important natural resource for life to continue. New avenues for deep sea extraction and horizontal drilling are being studied and explored. New sources of oil and gas are being discovered through shale deposits. New transport pipelines for liquid natural gas are making the use of it more cost efficient and safer for workers, the transportation industry and the environment.
There are a total of 35 states that have oil and natural gas assets available to explore right now. The future can be improved greatly by this plan. Wyoming would receive the greatest amount of revenue from this concept. It would receive $1,270,987,013.51 in revenue from the exploration of this domestic oil and natural gas exploration. There are 34 other states that would as well. That is one reason to pursue this plan for the future.
While this proposition and plan are not risk-free in results, it is a suggestion that is a viable option for the US. Leasing the land can and is a usual issue. Rights to the assets come up eventually and may be a burden when pursuing this plan.
If the US pursues this, there are quite a lot of things that must first occur. Seismic imaging, reclamation and development of the plan for this proposition must all be carefully planned and laid out. If all of this is systematically planned an implemented, the future of natural assets is hopeful.
Responsibility must be taken by government and business leaders alike to ensure that this and many other methods of harvesting natural assets are available for the future. The world is relying on state and federal agencies to all work together to create a future for it.