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Politics : President Barack Obama
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To: stockman_scott who wrote (76254)5/27/2010 11:35:22 AM
From: koan  Read Replies (1) of 149317
 
>>About 90 percent of Alaska's general fund revenue comes from the petroleum industry. State leaders look to offshore oil to provide jobs and keep the trans-Alaska pipeline from running dry...>>

Alaska does not need that oil. We have upwards of 100 billion barrels of heavy oil overlieing West Sac and adjacent areas. The profits are jsut not as large, but large enough and they are now producing heavy oil from many wells and increasing production.

And we have trillions of cubic feet of NG which will be shipped south someday as well.

Too many up here are not responsible when it comes to money and oil.
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