Benefits and Negatives of Oil

What is one of the main benefits of oil in modern society?

• Fuel for transportation

• Causing earthquakes

• Contaminating soil

• Increasing water usage

What is a significant environmental impact of oil drilling?

• Disturbing land and marine ecosystems

• Reducing water usage

• Improving air quality

• Increasing vegetation

What technique has significantly boosted U.S. oil production?

• Hydraulic fracturing (fracking)

• Traditional drilling

• Offshore drilling

• Coal mining

What is a major challenge faced by U.S. shale oil production?

• Rapid production decline curves

• Abundant labor supply

• Excess raw materials

• Stable geopolitical conditions

What has reduced the U.S. reliance on oil imports?

• Advancements in shale oil drilling

• Increased oil imports

• Decline in oil demand

• Reduction in oil production