Vaughn Energy Services Discusses Oil And Gas Dependency

By Author: Walker Wer
Total Articles: 279
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Vaughn Energy Services is representative of a company dedicated to responsible oil and gas drilling and believes there can be an alternative to importing foreign oil from the Middle East. On March 4, 2011, barely twenty-five months after unrest in the Middle East drove the price of oil to more than $104.00 per barrel, Americans once again are witnessing a rise in oil and gas prices triggering widespread concern about prospects for continuing recovery in the United States economy and sending economic shivers throughout the industrialized world. Industry analysts stress that every one-cent increase in the price of a gallon of gasoline takes more than $4 million from consumers' wallets, and increases in fuel prices raise the cost of almost all consumer products—especially food. Moreover, rapid run-up in oil prices has dramatic effects on consumer confidence, prompting families to postpone purchases of big-ticket items that would bolster manufacturing.

Experience demonstrates that environmentally conscious producers can extract oil and natural gas from deep in the earth without harm to delicate foliage and wildlife on ...
... the surface. Whereas experts generally agree to the wisdom of the moratorium on drilling in the Gulf of Mexico, and they understand the motives behind the long-standing ban on drilling in the Arctic National Wildlife Refuge, nevertheless exigent economic conditions and major advances in drilling techniques and technology justify lifting the bans. One comparison effectively makes the case: Unrest in the Middle East has driven the steep 2011 increase in oil prices, but the biggest Middle Eastern producers contribute less than 14% of the U.S. oil supply. Libya alone accounts for less than 1% of America's supply. Production from the Gulf Coast, on the other hand, supplies approximately 32% of America's oil. Therefore, restoring production in the Gulf would more than compensate for disruptions in the Middle Eastern supply chain.

At Vaughn Energy Services, team members agree with industry analysts who advise against opening the Strategic Oil Reserves, but they strongly support sharp increases in domestic production and possible lifting of the ban in the Gulf for economic reasons provided companies are committed and have a demonstrated respect for the environment. According to one source, however, that commitment can not be measured with any degree of confidence leaving the situation a gamble at worst and demanding faith in engineering on the lighter end of the environmental spectrum. Many experienced oilmen acknowledge the devastation Deepwater Horizon catastrophe made on the delicate ecosystems. However, most argue the fault lies neither with technology nor with drilling techniques but with oil profiteers who neglect both common sense and safety in the interest of generating a few more pennies on the dollar. With advanced directional surveys and surveying services plus state-of-the-art drilling equipment, Vaughn Energy Services stands ready to lead American energy initiatives for safe and responsible oil and natural gas production throughout the United States and all of North and Central America.

Vaughn Energy Services provides directional surveying services and wireline truck and equipment rentals to the oil and gas industry. A North American company, http://www.vaughnenergy.com is a global leader in gyro technology products and credited with developing the smallest gyro on the market today.