Posted on 08/31/2005 1:11:50 AM PDT by M. Espinola
Tell me again why we're not drilling in ANWAR?
Seems like our main problem caused by the hurricaine is with the refineries, not supply.
The President should order a national energy emergency and issue a Presidential order to drill everywhere and now. But....Washington will most likely wait around until oil is some how disrupted from the Persian Gulf, Venezuela, Nigeria or all combined before even thinking about doing anything constructive.
Seriously. ANWR would have made up for almost the entire loss of Gulf oil.
Because a bunchof worthless Giai worshipping ecomut hate all progress.
We need far more refineries, well inland, not in areas under sea level (which is insane) or very close to hurricane coastal zones.
The market doesn't believe OPEC claims of adequate supply. The author doesn't explain why refinery problems result in higher crude costs...and doesn't mention that the Saudis are increasingly replacing light, sweet crude with the sour stuff.
My concern over crude oil supplies is with the other Gulf, as in Persian, this winter.
Is ANWR oil heavy or sweet? It is my understanding that we do not have the refineries to process the heavy crude, only the sweet. That is why our Alaska oil goes to Japan for refining. Heard this on WOWO radio last week. We need new refineries built in other spots except for the blue state coastal areas.
Well for one thing the author is based in the Persian Gulf and of course he not going to mention his Saudi comrades are playing 'sour' games.
If you have any links on hand relating to the Saudis pulling that stunt please post in here. People need to be informed about our 'royal' Wahabbist 'allies'.
Gulf states produce 22% of all American produced oil.
Alaska currently produces another 20% with North Slope and Cook Inlet wells.
ANWAR is expected to at a minimum double Alaskan production.
And this says nothing about Alaskan gas, much of which is going to waste till we get the gas line built.
Alaska, working together with big oil has already proved you can drill and pipe oil with virtually zero environmental damage. (This of course does not include California based shipping companies).
Everyone needs to rub their greenie friends nose in this fact. (That is, if any self respecting FReepers have greenie friends). We need to drill, we need to pipe it thru Canada (even if we have to pay them a transit fee) direct to the lower 48. Start now and it will be ready in two years. Wait till the crunch and it will be too late.
Latest news is that the platforms in the gulf made it with very little damage. Refineries and pipelines are currently shut down, and its not clear when they will re-start.
We need to start thinking on a war-time footing. We need to build additional refineries anywhere but the Gulf coast. Why not in the middle of Colorado or Wyoming? Lots of room and pipe-line close to anywhere.
Could China drill 12 miles out in
international waters off the coast of California?
I'm sorry but I don't have any easily available. I believe Simmons talks about it...and Valero stock has jumped like crazy because its refineries can process sour crude.
I don't know whether I'd call the replacement a Saudi stunt. They have no choice. They simply don't have enought light, sweet crude to meet demand.
At 20 bucks a barrel the A-rabs were makeing a good profit...At 70 bucks a barrel the A-rabs are raking in a whopping 1,522,000,000 PER DAY (that's a billion and a half per day) above and beyound what they got at 20 bucks a barrel...
And there's 'nothing George can do' (according to George) except count his money...The Bushs have massive dollar interests in Mid East oil, as well as most members of Congress...
I'd feel better if the station attendant held a gun on me while I pay for the gas...I hate being robbed willingly...
Saudi crude has always been high-sulfer, when compared to Texas or gulf coast crude.
We have to build new refineries that can deal with this, because we've been cherry-picking the sweet stuff too long.
Then they have no right to complain about the price of gas, do they? ;)
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