A few things that you niglect to mention. Oil drilled out of ANWR and the OCS is not guaranteed to be sold here in the US. We send allot of oil out of alaska to Japan already.
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It doesn't matter where the oil goes as long as goes into the market. Supply goes up. Price goes down. Oil prices are down already with just the discussion of drilling.
No they are not down for that reason. There was an unexpected build in inventories. Remember a few months back when Saudi said they will be increasing production by 700000 barrels a day? After that announcement, the price basically went up.
Your full of crap.
The reason it matters is because the drill, drill, drill croud keeps saying that it will lower our dependance on foriegn oil. Well if our demand stays the same, and some of that new oil is shipped over seas, then you still have to import the same amount.
It is also miss leading to say things like ANWR would supply 5% of US consumption because it implies that the affect on our gas price would be at least a 5% savings. Well oil is priced based on world supply and demand. So it would add only about 1% to world supply, and would have a negligable affect on oil prices.
ANWR at its peak would produce about a million barrels per day. Sounds awful close the the 700K barrels the Saudis pledged to increase. When the price went up.
Keep spreading the half truths.