SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn Petersen who wrote (10932)4/21/2002 3:41:29 PM
From: nspolar  Read Replies (1) of 36161
 
The ANWR debate is one of the most amusing spectacles of reporting in recent times, from both sides.

<ANWR could produce at least 1.3 million barrels a day for 25 years, almost what we import from Saudi Arabia. The House of Representatives voted for drilling, but it lost in the Senate, which is the habitat of Democratic presidential candidates who burnish their environmental credentials by jumping through the hoop of opposition to ANWR drilling.>

Now where does George come up with this? This would imply a find much bigger than Prudhoe I believe. Impossible no. Highly unlikely yes. Very highly unlikely.

1.3 million barrels a day for 25 yrs is 11.8 billion barrels. If 40% were produced the find would be 30 billion barrels. Something you just go and find cause it is there I guess. Wow. A whopper of a field. Or maybe George is telling whoppers?

<Many caribou even cluster around the heated pipeline, perhaps just for warmth, perhaps to do things from which a gentleman would avert his gaze.>

You know I have driven along the pipeline many many times, and I have yet to witness this, in the way George states.

Me thinks George don't know shit, and just moves his pen and big mouth to blab.

What the verbose ANWR opponents and proponents don't mention, because they don't seem to know or care, is that the oil fields are moving in the opposite direction of ANWR - i.e. to the west. Why? Better chances of finds is probably a major reason. What is even more hilarious is that the areas to the west are probably much more environmentally sensitive than ANWR.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext