wily,
OTOH, I agree with Scumbria that it is rash, ignorant, and most-likely ill-motivated for Bush to look first to the ANWR.
I think it's more like when they ask the bank robbers why they rob the banks, and they say "Because that's where the money is".
I have no idea about domestic reserves, and where they are, but apparently this particular deposit probably has the best bang for the buck ratio.
Before you mistake me for someone who can't wait to drill all over the place, I expressed my opinion that if it was up to me, I would wait until the oil is a lot more expensive.
I know this would be hard to implement in a free market system, but I have sort of a rating of the sources of energy from the most valuable (finite, rare, running out, flexible) = oil to the least valuable (plentiful) = coal and nuclear. Of the 2, nuclear is clearly environmentally friendlier, actually the friendliest
So I would go about using the least valuable (nuclear) wherever it can be used - all electricity generation, natural gas second, for heating of homes, and oil the last, for car, jet fuel, industrial uses.
To me, waste is when they use oil for electricity generation, rather than the all the other sources that are lower in the my value chain.
Joe |
