Off Shore Drilling Outline

Topics: Petroleum, Peak oil, Natural gas Pages: 4 (1810 words) Published: March 26, 2013
Attention Getter: We all need our cars to get us from point a to point b but with the price of gas being so high, many people ride the bus or train to save themselves from shelling out money at the pump. Spending money is an emotional process for most working class citizens, especially if it’s something that we need daily but alas we don’t have a choice. We will always have places to be in life, but if only gas were less expensive, commuting wouldn’t be as taxing on our wallets. Involve the Audience: Many of you own cars and may have experienced spending upward of five dollars at the pump per gallon. Establish Speaker Credibility: As a business Professional working for Averic and also as a person, I understand the need for lowering the high costs of gasoline. Open Thesis: Off shore drilling will enhance the American Economy and lower our dependency on foreign supply of petroleum. Closed Thesis: Today I’d like to talk about: first what makes the price of gasoline so high, second how off shore drilling can help lower the cost of gasoline and third, how our country will benefit from it. Transition: I will begin by telling you why gas is so expensive. I. Gas prices are high due speculation and the United States importing more than we produce. A. A major problem is that we don’t produce enough oil domestically. 1. Well over half the amount of oil that is consumed domestically, comes from abroad. a) Canada is the main supplier of our oil(25%), 12% comes from Saudi Arabia, 11% from Nigeria, 10% from Venezuela and 9% from Mexico. b) Yearly we consume over 7 billion barrels of oil and 4.5 billon of it is foreign. B. We pay high prices importing, which makes the price of gasoline high. 1. Not producing and refining enough crude oil domestically increases gas prices. a) 65% of the price of gas accounts for the high price of crude oil. b) Distribution and taxes account for 35% of the price of gas. 2. Commodities traders and...

References: USA Today (2011). Controversial Canada-to-Texas Keystone pipeline delayed.
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Institute for energy research (2012). Keystone Xl pipeline facts. Retrieved from:
American energy alliance (2009). The economic contribution of increased off shore oil exploration and production to regional and national economies.
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Energy tomorrow (2012). Off shore drilling. Retrieved from:
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CNS News (2011). New Study Shows That Offshore Drilling Could Make Alaska the Eighth Largest Oil Producer in the World – Ahead of Libya and Nigeria
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