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Politics : Impeach George W. Bush -- Ignore unavailable to you. Want to Upgrade?

To: greenspirit who wrote (10376)	2/4/2002 11:30:04 PM
From: MSI	Respond to of 93284

I found some background to that Hollywood accounting. If we find some oil, maybe it'll lower the price $3.60, and voila! that'll increase jobs by ...(pick a number). I think Peter Pan is alive in Washington DC. Even the unions don't believe it. nrdc.org "How did WEFA arrive at this conclusion? It assumed that oil from the refuge would lower world oil prices by as much as $3.60 a barrel, which would have a ripple effect on the U.S. economy, producing jobs in the petroleum, trucking, steel, shipping and manufacturing industries nationwide." "In September 2001, Dean Baker, an economist at the Center for Economic and Policy Research, found that the WEFA study's conclusions rested on "clearly wrong and improbable assumptions." "In 1996, the Oil, Chemical and Atomic Workers Union -- which represents hundreds of workers in the Alaska oil fields ... said the oil industry's claims that Arctic Refuge development would produce hundreds of thousands of jobs across the country are "highly dubious." Energy Efficiency Would Create More Jobs than Drilling in the Refuge "NRDC estimated that raising vehicle fuel economy standards to 40 miles per gallon over the next decade could save more than 50 billion barrels of oil over the 50-year lifespan of the refuge oil fields -- 10 to 15 times more oil than the refuge could yield. Likewise, requiring tire manufacturers to sell replacement tires that have as low rolling resistance as original equipment tires could save about 5.4 billion barrels of oil over the next 50 years -- 70 percent more than the total amount of oil that could be economically extracted from the refuge" ---- obviously, both conservation and development can rid of us of this excuse for Terrorist Oil