Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (138594)	8/6/2001 8:44:28 PM
From: hmaly	Read Replies (1) of 1571546

Ted Re..But if only 2,000 acres of ANWR are opened for production, many of the integrated names might choose to pass on the opportunity. After all, the fixed costs to establish drilling infrastructure would be significant -- even for 2,000 acres -- possibly making limited exploration uneconomical. The cost per barrel of production from a limited area may be high enough to eliminate the benefits of drilling altogether. Clearly, ANWR, especially as Congress has cast it, isn't a panacea at all for either investors or those looking for a fix to future energy security. <<<<<<< This 2000 acres probably is just what I said before. You dems will rant and holler and filibuster so loud and long over ANWR, in the end you will be happy when GW drops ANWR if he gets the rest. If you call his bluff, the oil companies will drill test wells and see what is down there, and don't be surprised if the oil is rich and bountiful, making it worthwhile to drill the full 20,000 acres. If you kill ANWR, GW will claim he compromised and still get most of what he expected.

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