how much do oil rigs cost the economy?

Question

ok how much does it cost The U.s economy to keep the oil rigs running and in professional opinions, would it benefit us to keep them running or would it cost more to take them down to begin the "clean ocean" act??

Answer 1

We are a Petroleum based economy. The world is a petroleum based economy. The rigs are here to stay and there are plans to build new ones... You and I have little choice here.

Let me ask this question: Are you willing to take public transportation to work or school? Reduce the heat in your home by 10 degrees, or not have Air conditioning?

We are at war today because of Oil. The oil rigs are just one means to supply oil.

I love the Ocean. The thought of an oil rig or a oil spill sickens me.

Good question.

Answer 2

Sorry, your question is too vague. Are you asking for the cash price? This depends on whether it’s a land or marine rig, depth of water it is capable of operating in and the current price of oil which determines demand. Is the rig able to operate in hostile environment?
(Day rate for the North Sea is $300-500 thousand dollars).
Are you talking environmental impact? This will depend on the horse-power of the draw-works, size of crew and accommodation etc.

Are you talking about production platforms or just exploration rigs?

Also most rigs employ several hundred crew. Their earnings do not leave the economy but become tax, savings and spending.

Sorry once again, but I'm sure you can see the problem.

Addition: I guess you are talking about platforms then because rigs are mobile. Be careful when discussing plans or campaigns to demobilise them. Look up the history of the Brent Spar. In the 1980s, Shell wanted to sink this platform in situ as a way of de-commissioning it. Greenpeace went nuts! They claimed that the platform was full of oil, chemicals and radioactive materials, that it would pollute the North Sea etc. Fishermen also claimed that the wreckage would ruin their nets. Anyway, Shell backed down. Now, instead of been cleaned-up and sank, where it would have provided an artificial reef and breeding ground for marine life, Brent Spar is now gently rusting away in some Norwegian fjord. There are no chemical or radioactive materials on board: they were cleaned up as part of the de-commissioning.

Another tale was told by the UK ecologist and campaigner David Bellamy. Now I forget which Latin American country it concerned, but Conoco won the rights to exploit the oil and gas there. Again the Greens were up in arms. The campaign worked and Conoco pulled out. Jungle saved thought the Greens. Not so. The government of the country still wanted to extract oil from the region, so since Conoco didn't want to do it, they got some two-bit operation who didn't give a damn about the environment. They trashed the place.

Moral of the story is that it is often better to work with the oil giants in order to solve the problem, thus giving them green kudos and good publicity, rather than campaign directly against them and reaching a disastrous conclusion for all.

Answer 3

Oil rigs cost the economy of the US or UK absolutely nothing. All oil rigs are owned by private oil companies and are leased out to the major operators at massive prices. Companies such as Shell, BP, TOTAL etc pay up to $100,000 a day for some rigs. The oil business is big and keeps the economy running.
If you are talking about the GREEN side of things then the price gained by the oil indutry and the amount of jobs it produces by far out sees the enviromental issue. If it was shut down then millions would be out of jobs worldwide.

Answer 4

Oil rigs do not cost the economy anything. They contribute to the economy.
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