Posted on 04/10/2020 10:44:45 AM PDT by Libloather
ANCHORAGE, Alaska - An oil exploration firm has discovered a deposit of potentially 1.8 billion barrels in Alaska's North Slope region south of Prudhoe Bay, the company said.
Pantheon Resources PLC said it located the deposit along the Dalton Highway and Trans-Alaska Pipeline System corridor, The Alaska Journal of Commerce reported Wednesday.
The London-based company made an updated evaluation of an old exploration well and used information gleaned from recent nearby drilling, officials said.
The prospect, called Talitha, could be the latest in a series of big North Slope oil discoveries over the past five years.
(Excerpt) Read more at foxbusiness.com ...
Hook up a straw to the pipeline.
I drink your milkshake!
The protesters are going to have to work really hard to jam up the works on this one
great location!
WFM! Drill baby drill!
They need something to keep the Alaska pipeline full enough to run. This should help.
Something to actually thank Russia for...
Can you imagine if we hadn’t gotten Alaska from the Russians?
Joe Biden is one of only five senators who were present in 1973 when Congress passed legislation authorizing construction of the trans-Alaska pipeline system (TAPS).
Biden, then 30, was the youngest member of the Senate and not a leader in the lengthy debate over the pipeline. But his voting record is striking - at least to an Alaskan interested in history.
Biden was a reliable “no” on TAPS. In July, when the Senate passed the Gravel-Stevens amendment allowing immediate construction of the line and precluding further judicial review, Biden voted no. The amendment passed after Vice President Spiro Agnew broke a 49-49 tie.
In November, Biden voted against final passage of the bill. The vote was 80-5, Biden one of the five.
(The above taken from the April 29, 2016 edition of the Anchorage Daily News)
My comment:
Imagine what our energy situation would have been like had that tie gone the other way. If memory serves, for a long time 30%+ of our domestic energy came via that pipeline.
1867 - March 30
U.S. purchase of Alaska ridiculed as “Seward’s Folly
https://www.history.com/this-day-in-history/sewards-folly
Whose “folly” now, eh?
It was a great deal.
I often wish we had gotten Baja California with the Gasden Purchase. It was very close.
But Santa Anna did not want to sell it, and the U.S. Senate would not have bought it...
I am sure we would have had to invade Alaska in 1917, if we hadn’t bought it. We sent troops to Vladivostok as it was.
Doesn’t Alaska share the proceeds of the oil leases with their citizens getting a royalty check? How does one become eligible aside from moving to Alaska.?
All that oil isn’t doing us any good when it’s selling for $18 a barrel. Our state finances are going to be in shambles before this is all over.
The Caribou population is out of control and this will only make the situation worse !
Kinda funny here in Alaska there is no news of this.
“Joe Biden is one of only five senators who were present in 1973 when Congress passed legislation authorizing construction of the trans-Alaska pipeline system (TAPS).”
And this was just before the OPEC oil embargo started in October 1973. Trump ought to hammer Biden on this in the upcoming debates (assuming the Democrats allow Joe to participate).
Alaska Ping!
If the low oil prices continue the Permanent Fund dividend next year is going to paltry.
But ... that’s right in the middle of the habitat of the Tiny Hopping Cute Beaglebug. You can’t drill THERE!!!
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