Let's Talk About Oil
May. 2nd, 2008 01:05 pm
And here's a video of a guy who claims that there's more oil in ANWR than in all of Saudi Arabia but "they" (the government) refuses to let us have it. http://video.google.com/videoplay?docid=3340274697167011147&hl=en
My first reaction to this guy is "He's a nutcase." Mainly because for 6 years we had an oil man as president and a rubber-stamp Republican legislature and nothing happened. But I don't want to dismiss this guy without a little more evidence. I'd like to hear what you all think.
no subject
Date: 2008-05-02 06:46 pm (UTC)Basically they went to destroy one of our largest wildlife refuges for the possibility that we might strike some deep oil reserves... even though experts say that a) what's likely under there would last us only about a year, and b) it would have little to no effect on domestic oil prices.
We need to be moving away from oil consumption not digging ourselves in deeper.
no subject
Date: 2008-05-02 07:19 pm (UTC)no subject
Date: 2008-05-02 07:34 pm (UTC)Not when it means destroying a wildlife refuge for what would amount to (at best) a drop in the bucket in terms of our annual oil consumption. That's a long-term destruction for a very short-term gain.
we could use the extra money to develop more efficient solar and hydrogen technologies.
What extra money? Any money gained from destroying ANWR would go to the oil companies, not the U.S. government. We do need more $$ for renewable energy research and the best way to get that is to remove the tax breaks and subsidies the U.S. government has been giving to the oil business for many years. The Democrats tried to pass something to do just that last year, but the Republicans killed it.
And with McCain and his BFF Hillary Clinton pandering with this 'gas tax holiday' garbage (which is a disaster in terms of energy and oil policy), it should be said that gas taxes actually should be higher, not lower. Again, that'd be a short-term pain, but a long-term gain.
The problem with American leadership now is that we're not willing to make short-term sacrifices for long-term benefit. Everyone's thinking is so myopic and greedy.
no subject
Date: 2008-05-02 06:47 pm (UTC)And also, ANWR is not even our best bet for oil production. The Bakken Formation/oil fields in Montana/Dakotas, are estimated to have between 270-500 billion barrels of oil. This figure would rival Saudi Arabia's proven reserves, I think, but is much more difficult to get since a lot of it is encased within rock. Also, Saudi Arabia is really closemouthed about exact figures for its oil fields, so the Bakken discovery might actually give us more than them, in theory, if it's developed, if we're smart about things, and if the USGS is correct.
no subject
Date: 2008-05-02 06:49 pm (UTC)no subject
Date: 2008-05-02 07:27 pm (UTC)So, while it's hard for me to take him seriously, what's interesting is that I can't find anything online that effectively debunks what he's saying. At least not from any kind of credible source. I'd think that someone with expert knowledge of this subject would want to put out a "Lindsey Williams is full of shit and here's why" report before this conspiracy theorist's virus spreads too far.
no subject
Date: 2008-05-02 07:57 pm (UTC)no subject
Date: 2008-05-02 08:55 pm (UTC)Does anyone know of any real resources regarding how much oil is in the ground there? I mean more than "experts say that..." articles, I mean some oil industry guy poking at the ground with whatever they poke oil fields with and trying to come to a conclusion whether it's worth drilling or not?
no subject
Date: 2008-05-02 10:18 pm (UTC)no subject
Date: 2008-05-03 11:53 pm (UTC)That kind of thing is exactly what I was looking for. Sorry for the big hole in my eyes that I somehow missed it. Thank you!
no subject
Date: 2008-05-29 05:31 am (UTC)