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Oil Drilling NEG

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Oil Drilling NEG
Table of Contents
Openers 11
Oil Drilling: The Definition of Insanity 11
AT’s 12
AT: Regulatory Reforms Made 12
No Additional Regulation 12
Insignificant Changes 12
Blowout Prevents Deficient 13
Insufficient Reforms 13
AT: Government: Impact is Small 14
OECM model flawed 14
AT: Moratorium Caused Job Loss 14
Moratorium didn’t cause significant job loss 14
AT: Gas Price Reductions 15
Opener: Won’t Reduce Gas Prices 15
Opener: Political Rhetoric is False 15
AP Study: No Correlation between Prices and Production 15
AP Study: How its performed 16
AT: “Drill baby drill” Rhetoric 16
Small Amount of Oil in Comparison to Global Consumption 16
No Correlation between Production and Price 17
Minimal Impact on Gas Prices 17
No-Long Term Impacts 17
No Short-Term Impacts 17
Price of oil determined by global market 18
No significant effect on domestic supply before 2030 19
Empirics: No Effects on Gas Prices 19
Long while before production could reach market 20
Empirics: Gas Prices and Production Increase 20
Chart: No Correlation 21
Possible 2 cent Reduction in 2030 22
Foreign Nations Work to Prevent Fluctuations 22
Turn: Prices Rise Because of Refinery Maintenance 22
92% of Economists: Gas Price Fluctuation not Effected by Oil Production 23
AT: Drilling in the OCS Reduces Gas Prices 24
AT: Increase in Domestic Supply 25
Can’t become independent of imports through drilling 25
Extra oil is small and offset 25
Can’t drill out of energy dependence 25
Imports needed even with more drilling 26
Small increased supply 26
AT: R&D Complete 27
Scientific data and further ecological research are needed to inform sound decision making 27
Research is needed to account for the unrecovered injected fluid, to optimize water management strategies, and to analyze the impact of abandoned oil/gas wells on fluid/gas migration 28
AT: Oil Independence 29
US Oil is a Safety Net 29
Turn: Increased Conflict and Extremism in the Middle East 29
Turn: Global Powers Rise 30
Empirics: Independence =/= Cheap and
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