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Topic: Business
Number of pages / Number of words: 5 / 1224
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One of the main reasons that the trade deficit has risen so drastically is that in 2005, the price of oil has climbed to an all time high of $70 U.S. dollars a barrel. The ability to increase drilling and further exploration in the Artic will have a chain effect in reducing the trade deficit; become less dependent

on foreign oil which will cause the price of oil per barrel to come down because of a surplus of oil...


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The American Petroleum Institute has countered that it can do oil and gas exploration without damaging the Alaskan Tundra as shown in the newly developed Alpine Oil project on Alaskan state lands. Also the Prudhoe Bay oil development proves that the industry can safely drill in an Arctic environment...


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General points of the essay

Artic National Wildlife Refuge Drilling for oil in the Artic National Wildlife Refuge Alaska National Wildlife Refuge Should the Arctic National Wildlife Refuge be opened to Oil Drilling? Arctic National Oil Refuge U.S. National Deficit national deficit Was any one of these main reasons more important than the other’s in Hitler’s rise to power? Trade Deficit US Trade Deficit U.S. Trade Deficit Budget Deficit & National Debt National Debt and Budget Deficit National Security Strategy main point Critically assess the claim that the World Trade Organisation is suffering a ‘legitimacy deficit’.

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