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


To: Tenchusatsu who wrote (286222)4/30/2006 5:31:23 PM
From: Road Walker  Read Replies (2) | Respond to of 1570724
 
re: Leaving it in the ground offshore and in Anwar is an INVESTMENT.
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That's exactly what I said when gas was $2/gallon.

How long until the American public decides "F--- it, let's drill!"


I think you guys are missing the big picture... to say the least.



To: Tenchusatsu who wrote (286222)5/3/2006 4:15:06 PM
From: tejek  Respond to of 1570724
 
JCP, Leaving it in the ground offshore and in Anwar is an INVESTMENT.

That's exactly what I said when gas was $2/gallon.

How long until the American public decides "F--- it, let's drill!"


Once again.......the crude in Alaska is sour. While we do have some refineries that can refine sour crude, most require sweet crude. The Japanese use mostly sour crude so it would make sense to ship the ANWR oil to Japan. However, there is a glut of sour crude on the market and prices for sour crude are not very high. Hence, the offset to what we pay for sweet crude would not be great from the ANWR production. Finally, ANWR can not come online for 5-10 years. The need is immediate. Wouldn't conservation make more sense? Why despoil a pristine area of the world just because we can?