while locals very well may be split, i take issue with the repeated claim that ANWR would yield only 6 months of oil:
The oil is thought to be of low quality, and the average estimate is that there is only enough down there to keep the United States going for six months. [emphasis added]the sierra club naturally opposes anwr drilling. my favorite lines:
The cost of drilling in the Arctic Refuge is so high, in fact, that the U.S. Geological Service (USGS) says if the price of oil fell to $16 a barrel, there would actually be NO economically recoverable oil in the coastal plain.$16 a barrel? crude oil has been consistently above that level for the past 25 years, let alone today's $50+ handle. the sierra club continues with its own version of 6 months
Each day, the United States consumes about 19.5 million barrels of oil, an annual total of about 7 billion barrels each year. Given this rate of consumption, if Arctic oil was our nation's only source, it would fuel America's demand for less than 6 months. [emphasis added]that's a big "if"...that means no other source of oil in the world...not canada, not mexico, not even gabon
this myth is effectively de-bunked based on the USGS assessment and analysis.

No comments:
Post a Comment