Question

Cons of deep water oil drilling. Do you believe that deep water oil is worth the cost.

Answer 1

Deepwater drilling or Deep well drilling is the process of creating holes by drilling rigfor oil mining in deep sea to extract oil deposits.They are approximately 150 metres deeper.

Cons of deep water oil drilling are as follows:-

List of Cons of Offshore Drilling

1. Pollution
Just like fracking, offshore drilling contributes to air pollution and increased carbon emissions. This will have an effect on global warming and this is in a negative way. The rigs used to transport extracted oil to other points emit carbon as they traverse the roads, making offshore drilling itself harmful as well as the activities surrounding the drilling, from start up to finish.

2. Environmental Hazards
One major concern of offshore drilling critics is the danger brought about by oil spills. Offshore drilling accidents and oil spills cause a lot of harm not only to the environment and the people but most especially to marine life, coral reefs and birds that also rely on the sea for food.

3. Effect on Other Industries
Tourism industry gets affected with the presence of offshore drilling. Resort owners are against these activities. Environmental and tourism advocates claim that these activities drive away tourists and will compromise the livelihood of the people and the establishments in these resorts. Moreover, billions of dollars in revenues will be lost if tourists stop to come in. A helicopter industry also reported substantial amount of profits lost because of oil drilling activities.

4. Risky for Workers
Although working for an oil company can lead to improved quality of life, it also entails risks. Accidents in this type of industry are possible and when it happens, it is riskier for the lives of the injured workers since there are no hospitals near that area

5. Expensive
Offshore drilling involves a large amount of money especially for putting up the rig into place.

No it doesn’t worth the cost drilling involves a large amount of money especially for putting up the rig into place. If the country does not have enough resources to fund for the drilling, they needs investors who will be the ones to gain instead. And in case oil spills happen, the cost of cleaning and treatment is higher and to ensure precautions are taken and clean up will be properly done.