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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Alighieri who wrote (138355)	7/30/2001 3:39:23 PM
From: combjelly	Respond to of 1583677

"This is a shocking revelation. If, as you say, Alaskan oil is shipped to Japan for logistical reasons, then will this not be in fact truer for oil drilled from the Artic wildlife preserve? What is then the true purpose of drilling there if this oil is unlikely to reduce American dependence on Middle East oil?" This should not be news. During the oil crisis of the mid-70s it was pointed out that none of the production in the new fields in Alaska could be used. I dunno about the ANWAR, but most of the producing Alaska fields have a lowgrade crude that most of the US refineries aren't able to utilize very well. Light, sweet crude is what the US depends on, not heavy sour crude. Which does bring up the question, what grade of crude is in the ANWAR?

To: Alighieri who wrote (138355)	7/30/2001 4:28:25 PM
From: tejek	Read Replies (1) \| Respond to of 1583677

Also, most of the oil drilled in Alaska is now exported to Japan, which is far more exposed to world energy markets than the U.S. This is a shocking revelation. If, as you say, Alaskan oil is shipped to Japan for logistical reasons, then will this not be in fact truer for oil drilled from the Artic wildlife preserve? What is then the true purpose of drilling there if this oil is unlikely to reduce American dependence on Middle East oil? Al, don't be shocked. You drill because its there and the rest be damned. ted

To: Alighieri who wrote (138355)	7/30/2001 4:33:51 PM
From: TimF	Read Replies (1) \| Respond to of 1583677

If, as you say, Alaskan oil is shipped to Japan for logistical reasons, then will this not be in fact truer for oil drilled from the Artic wildlife preserve? What is then the true purpose of drilling there if this oil is unlikely to reduce American dependence on Middle East oil? Even if the oil does not directly go to the US adding it to the supply on the market lowers the price for the US and lowers the ability of OPEC to manipulate prices to their advantage. Tim

To: Alighieri who wrote (138355)	7/30/2001 6:24:19 PM
From: hmaly	Respond to of 1583677

Al Re..But according to Cheney this could not be done, because no new refineries had been built in 10 years...he faileld to say that existing refineries have been upgraded to be considerably more productive during the same time period. I seriously doubt if the refineries upgraded that much between last summer and this one. The worldwide slowdown is the likely reason for the glut. His point is that despite a near doubling of GDP in the last 20 years, energy consumption has been kept at a lower growth rate, largely due to the very conservation Cheney said is not the answer. <<<<< That is his point. But if you look at the numbers; even with good conservation, we still need 25.6% more gas today than we did 20 yrs ago. We need both conservation and more drilling. They are both right. But if there is so much, why can't we be selective about the places we drill and explore? Why do we have to spoil the last few unspoiled corners of the earth when we have so much oil in the ground? Does this very fact not constitute ground for compromise? <<<< Eventually we won't have the reserves to be selective. And the ANWR could be drilled now with current technology. Many of the deep ocean reserves, and small deposits on land, won't be viable for yrs. This is a shocking revelation. If, as you say, Alaskan oil is shipped to Japan for logistical reasons, then will this not be in fact truer for oil drilled from the Artic wildlife preserve? What is then the true purpose of drilling there if this oil is unlikely to reduce American dependence on Middle East oil? <<<<< This should hardly be shocking anymore as Alaskan oil always was intended for Japan. Alaskan oil is included in our daily production charts, and a like amount is subtracted from the imported oil. In a crunch, you can bet that the oil will go to the east coast. For now, logistics dictate that Japan gets our oil; and we get theirs from the middle east.