<$BlogRSDUrl$>

Friday, August 15, 2008

The case for drilling in ANWR.

Picture, thousand words, etc.

Here's the leadoff paragraph:
The media constantly repeat the claim that it would take a decade to get the Arctic National Wildlife Refuge (ANWR) into oil production and about as long for offshore continental oil to start flowing. Most accounts promote the views of extreme environmentalists to make the issue appear so hopeless that we must instead "change our way of life" rather than tap into proven oil reserves. In July, CNN repeatedly reported that offshore drilling would take "seven to 10 years" to get into production. Yet Brazil's Petrobras expects its new finds in extraordinarily deep waters to already be producing 100,000 barrels per day in just two years. What is wrong with American oil companies that they would take so long?
Read the rest. Know that you're paying $4.00/gallon for gas because of the watermelon (green on the outside, red on the inside) left.

Comments:
I direct your attention to a bit of reality:

Current US Oil Production:

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2173rank.html

Current US Oil Consumption:

https://www.cia.gov/library/publications/the-world-factbook/rankorder/2174rank.html

The problem is not that you are failing to drill 100,000 barrels a day from Alaska; it's that your country consumes what equates to all of Saudi Arabia & Russia's Oil in a given day and produces less than half of what it consumes.
 
Post a Comment

This page is powered by Blogger. Isn't yours?