Yes, there are several oil drilling sites currently in the Artic Circle. Several belong to BP.
It is much harder to drill in the arctic because of the weather, sometimes the parts of an oil rig freeze. In warmer climates you don't have to worry about that. There is less oil in warmer climates.
Because it's there. If there are oil reserves in a country you drill for them.
Absolutely, the US should drill for oil off its coasts including its coast in the Arctic Ocean. All environmental laws on the books need to be followed. The oil companies who participate should be required to post bond or have insurance to cover a spill like the one in Alaska (Exxon Valdez).
Drill for oil
to extract the oil out of the ground
An oil platform with an industrial drill.
It is the easiest way to find oil deposits.
NO
Yes.
The ability to drill oil has made the American economy and infrastructure what it is today. Everything that moves, seemingly is powered ultimately by oil.
An oil rig
Becuase oil refuses to drill itself.