Posted on 08/29/2008 4:45:17 AM PDT by Pietro
Its that simple. Russia is drunk on $120 oil. Theirn economy underperforms Belgium. Without $120 oil and the ability to choke off Europe Russia has nothing.
Puttin has two aces but we hold the trump in Alaska.
The mere announcement, especially now while the dhimmis are scared of the coming election will drop the price like a rock.
Drill in the “pristine wilderness”?
You heartless monster.
If we had a President who was involved, that might happen. However, we don’t appear to have one at the present time.
Sad.
This is the "Reagan thing to do".
As we spent on defense to help collapse the USSR, we must drill to free ourselves from energy dependence. Money will still be going to enemies, but keeping our principles, it won't be our hard-earned dollars.
Well, I live in rural W. PA and they are drilling new wells fast and furious, thats for oil and gas. The coal mines are going like a bat out-o-hell also.
Why is it ok to drill w/i a 100 yards of my house but not w/i a 1000 miles of any permanent residence?
We don’t even need to go to Alaska. There is plenty of oil off the coast of southern California—so much of it, that it oozes out of the sea bed and washes up on California beaches. I’ve seen estimates ranging from 4 billion to 10 billion barrels of recoverable oil there. And it wouldn’t take 10 years to develop the field—we could begin pumping as soon as rigs could be put into place.
We should drill all up and down the east, west, and Gulf coasts, and flood the world market with oil.
Forget ANWR, use that as SPR, and drill the Los Angeles Basin and Beverly—Hills, that is, swimming pools, movie stars.
To have a Strategic Petroleum Reserve, you need to have the ability to withdraw from it when needed and get it to our refineries.
The real SPR can deliver 4.4 MMBPD to our refineries on a short notice.
Oil in ANWR below the ground, undrilled, without processing facilities and connecting pipeline is hardly a Strategic Asset.
Why not do both, to get more oil quickly on the market and greater supply for the future?
Putin would realize he's over extended in about 3 months which will be right around the time that the Georgian partisans start picking off his soldiers one by one.
W/o those big oil revenues he'll find Russia in a tight spot and the surging US economy, directed against him will cause a serious re-think of his belicose rhetoric.
ANWR is a hot-button issue for a lot of people in this country. Politically, offshore drilling would be a lot easier to bring about, than drilling in ANWR. MUCH easier.
They need to learn of the land grab of the Alaska National Interest Lands Conservation Act. The statute took over 100 million acres of federal lands in Alaska, doubling the size of the country’s national park and refuge system and tripling the amount of land designated as wilderness. ANILCA expanded the national park system in Alaska by over 43 million acres, creating 10 new national parks and increasing the acreage of three existing units.
ANILCA also designated the 1.5 million acre Coastal Plain within ANWR to be set aside for its oil and gas development potential. The resource evaluation, conducted by the Department of Interior, was released in 1987 and recommended that Congress open the Coastal Plain for oil and gas exploration and development.
We either need to follow through with the development or reverse this land grab and open those acres up.
Caving in to environmentalists when they won't accept the compromises previously made, only sets us up to do more of the same in the future.
No where in the US does this size petroleum potential exist in this small of an area.
Since the grand old politburo has decided to abandon drilling in ANWR from it’s platform the sheep will obey.
Another great choice is to pump more money into the Athabasca Oil Sands located in Alberta Canada. Do some research, there is more oil there than the proven reserves of the world.
I believe they have the costs of production down to $8 a barrel.......
Do you realize how much money is going into Alberta Oil Sands already?
http://www.albertacanada.com/documents/AIS-EC_oilSandsUpdate_1207.pdf
See page 28 for a graph.
http://www.energy.alberta.ca/LandAccess/pdfs/OilSands_Projects.pdf
Vis a vis working and living in prefabs on the Arctic circle. Drill Beverly Hills, DRILL NOW!
For us living near the Gulf Coast, LA housing prices have got a long way to fall before we would consider them priced low.
And having worked in both California and Alaska including the North Slope, I would not consider going back to California to live unless I had no other choices for work.
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