The modern challenge of domestic deepwater drilling

The battle for our economic recovery and energy independence is be fought miles from our coastline, with more than 3000-feet of water beneath our frontline. Modern deepwater drilling has become a pivotal political field where reason is often silenced by process and public opinion polls. The truth is that deepwater oil reservoirs are currently producing approximately 10-percent of our energy demand and a handful of recently developed fields are producing half of that production. Without arguing the need to reduce our consumption, there is no doubt that the ability to stop the importation of foreign oil and increase the investment in our own economy, rests with domestic deepwater drilling.