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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Brian Sullivan who wrote (96146)	4/24/2003 9:43:10 PM
From: quehubo	Respond to of 281500

Actually there is plenty of natural gas available right now in Alaska. The problem is the tens of billions needed to pipe it here. This same gas may be economical enough in the future to support Alberta tar sands. Economical oil in the Mideast and global demand will hit a supply crunch over the next 5-10 years. Sooner or later this will drive prices high enough to start making presently uneconomical oil supplies viable. What amazes me is that many apparently intelligent people make comments like Jacob's. Even if over the next 5-10 years we could convince the US tax payer to subsidize 100's of billions of dollars to a tar sand liberation of Mideast oil, who is going to protect the oil supply of the rest of the world? Europe, Australia, Japan, Philippines, Korea, etc.