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Alaska's gas market is Asia, not North America
Anchorage Daily News ^
| November 17th, 2011
| BILL WALKER
Posted on 11/18/2011 11:25:10 AM PST by thackney
click here to read article
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1
posted on
11/18/2011 11:25:14 AM PST
by
thackney
To: thackney
Making Alaska and Hawaii States was a BIG mustake!
2
posted on
11/18/2011 11:26:43 AM PST
by
US Navy Vet
(Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
To: thackney
I thought this was always the market.
3
posted on
11/18/2011 11:27:48 AM PST
by
boomop1
(term limits is the only way to save this country.)
To: US Navy Vet
USA oil is shipped to Japan.
To: US Navy Vet
Not if we had actually used it for the resources as originally planned instead of trying to make the world’s largest park system.
5
posted on
11/18/2011 11:28:30 AM PST
by
thackney
(life is fragile, handle with prayer)
To: television is just wrong
No it is not.
There was a short period from 1995 to 1999 when a glut of oil on the west coast, about 5.5% of Alaskan oil was sent overseas. But that ended quite a long time ago.
6
posted on
11/18/2011 11:30:27 AM PST
by
thackney
(life is fragile, handle with prayer)
To: thackney
LNG has been shipped from Kenai plant (Cook Inlet, Alaska) to Tokyo since 1969.
7
posted on
11/18/2011 11:40:43 AM PST
by
Ole Okie
To: boomop1
Sarah Palin’s administration made a $500 million dollar government give-away for a Pipeline study/plan to run through Canada and tie into the lower 48 pipeline systems.
8
posted on
11/18/2011 11:44:09 AM PST
by
thackney
(life is fragile, handle with prayer)
To: thackney
Since the oil market is worldwide and there is one price, it doesn’t make any difference. The net amount we spend on foreign oil is exactly the same as if we used this Alaskan oil ourselves.
To: thackney
Alaska's gas market is Asia, not North America PDS troll!
10
posted on
11/18/2011 11:44:21 AM PST
by
humblegunner
(The kinder, gentler version...)
To: Ole Okie
Yep, a tiny little plant that is being (has been?) shut down.
11
posted on
11/18/2011 11:44:53 AM PST
by
thackney
(life is fragile, handle with prayer)
To: proxy_user
Since the oil market is worldwide and there is one price There is not one price. Oil varies in price for location and for quality.
F.O.B. Costs of Imported Crude Oil for Selected Crude Streams
http://www.eia.gov/dnav/pet/pet_pri_imc2_k_a.htm
12
posted on
11/18/2011 11:47:52 AM PST
by
thackney
(life is fragile, handle with prayer)
To: proxy_user
The net amount we spend on foreign oil is exactly the same as if we used this Alaskan oil ourselves. We do use this oil ourselves.
I guess people who believe this Alaska Oil to Japan myth have never looked at a map.
It is 3,577 miles from Valdez, Alaska to Tokyo, Japan.
It is 1,274 miles from Valdez, Alaska to Anacortes, Washington. (largest Washington refineries)
It is 2,253 miles from Valdez, Alaska to El Segundo, California (major refinery near Los Angeles)
It cost money to ship oil on a tanker. It cost more money to travel farther distances. Buyers don't care how far you shipped it. Shipping extra distance cuts into the seller's profit.
13
posted on
11/18/2011 11:51:23 AM PST
by
thackney
(life is fragile, handle with prayer)
To: boomop1
It was, they just lied about it.
14
posted on
11/18/2011 11:54:37 AM PST
by
org.whodat
(Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
To: thackney
All those cattle that were sold at rock bottom prices in drought ridden states didn't end up as loss leader ads in American grocery circulars. They were shipped to China.
15
posted on
11/18/2011 11:54:41 AM PST
by
bgill
(The Obama administration is staging a coup. Wake up, America, before it's too late.)
To: proxy_user
That is what I said about all this BS about the tar sands oil, it is shorter to pipe it west than to texas. And they can run it beside the railroad. It would not effect the world market other than in supply and demand.
16
posted on
11/18/2011 11:58:33 AM PST
by
org.whodat
(Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
To: bgill
Yes, if you oversupply a market for a given time in an area, you will drive your price down low enough it becomes economical to ship it to other areas.
That is what happened on the west coast during 1995~99 for oil. Look what happened to the Alaskan oil price at that time. Most people have no understanding how much that market fell at that time.
Click the picture for the data. The average price for Jan 1999 was about $5.
17
posted on
11/18/2011 11:59:07 AM PST
by
thackney
(life is fragile, handle with prayer)
To: org.whodat
Building a pipeline across the Rocky Mountains become a significantly higher expense than more distance across a flat prairie. And lifting the oil thousands of feet takes more horsepower than pumping many extra miles.
Not to mention the overwhelming expense and red tape of trying to build pipeline into California as Oregon and Washington don't need that many additional barrels of oil.
18
posted on
11/18/2011 12:02:52 PM PST
by
thackney
(life is fragile, handle with prayer)
To: thackney
The lower 48 is glutted with 100 year supply of natural gas. No need for Alaska’s natural gas.
The proper move for Alaska is to export to Asia. Especially Japan where markets are closer;
those exports work onto US current accounts as US exports & lower net US imports of oil/gas.
19
posted on
11/18/2011 12:03:41 PM PST
by
ckilmer
(Phi)
To: ckilmer
It won’t be long until we see the lower 48 as a net exporter of natural gas as well.
Some of the LNG export terminals have received an export license.
20
posted on
11/18/2011 12:05:24 PM PST
by
thackney
(life is fragile, handle with prayer)
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