And from what I have heard so far, all of the oil in the Alaska Pipeline is sold to users outside the United States. So other then Oil companies making more money, how the h*ll are we going to reduce our dependence on Foreign(Read Opec) oil this way?
It's time for this country to reinvent the whole energy system to include all sources; oil, nuclear, hydrogen...how about some incentives on taxes for new inventors and R&D, the Hewlett Packards and Edisons of today....that is where the breakthroughs will come from and forget about any new Guv.Orgs.
As I understand it, oil is "fungible." The world oil market is like a giant bathtub -- produces put oil in and consumers take oil out. Increasing the supplies will help lower prices. But it's expensive (and counter-productive) to try to use export or import controls to control which oil source goes to which country.
And from what I have heard so far, all of the oil in the Alaska Pipeline is sold to users outside the United States. So other then Oil companies making more money, how the h*ll are we going to reduce our dependence on Foreign(Read Opec) oil this way?
Yes it does. Remember it's a small world, and there is (for all practical purposes) one pool for oil. The more oil there is in the pool the cheaper it is. The days are long past (if they ever existed) where one nation could go it alone. We are never going to be "Energy independant" if by that you mean we won't import any oil, we (the whole world) are a petroleum based civilization.
ANWR was amply justified, but relatively speaking it's a drop in the bucket.
There's nothing wrong with exporting Alaskan Oil and importing oil to some other part of the country if that works out most efficiently. It all balances out.
But this article is correctamundo. There's no substitute for nuclear power in the foreseeable future. And there's a long lead time to plan and build, so we really should be starting in on this NOW.
Vehicles can be hydrogen powered. But hydrogen can only be usefully produced by hydrolizing water with electrical power. And that means more nuclear power for the electrical grid. There's no alternative, because the other "alternate" power sources will never contribute more than 2 or 3 percent of what we need.
Baloney. A tiny fraction goes to Asia. The rest goes to the American west coast refineries.
Not true, nearly ALL the Alaskan Oil is sold to the US. Very little, but a little of Alaskan oil is exported out of the US. ~5.5%
CRS Report for Congress, Alaska Oil Exports