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Politics : Politics for Pros- moderated

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To: greenspirit who wrote (254505)6/14/2008 6:56:39 PM
From: Snowshoe  Read Replies (3) of 793658
 
>>the estimated 10 billion dollars of oil (in ANWR)<<

ANWR has an estimated 10 billion barrels of recoverable oil. That's worth over $1 trillion at today's prices!

>>to help our nation become energy independent by drilling (in ANWR)<<

Oil production from ANWR would merely replace the production decline from Prudhoe Bay. Similar situation with the offshore areas in the lower 48 states.

IMO, you need a whole new paradigm if you want to become "energy independent". BTW, there's some good news in those high energy prices...

OIL SHOCKER: Stung by Soaring Transport Costs, Factories Bring Jobs Home Again
Source: online.wsj.com
Full text: Message 24672765
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