coolyokeluke
Well-known member
- Joined
- Nov 21, 2002
- Posts
- 313
They are drilling at a 45* (directional drilling) and they are limited on hitting the "Big pool". So Mr. Smart AZZ I never mentioned that oil was a single US commodity. BUT why are we not in there as well pumping it out. There is only so many rigs (4 to be exact) that the Canadians can get in the location needed to do the directional drilling. The oil pumped out of Alaska would most likely never be refined in the U.S. SO what, it adds to the overall supply. The Canadians are also having logistical problmems getting the oil shipped out. They trans-Canadian pipeline is not done, so they are limited that way as well. We have a 900 mile pipeline in place, another 58 miles of flat tundra to plug into it! Big deal. It would mean jobs for Americans as well. Go back to your load of crap and eat it.
You didn't provide a rebuttal to my previous post: Just where are these Canadian rigs that are directional drilling underneath ANWAR? My strong suspicion is that you can't back it up because there is no factual evidence.
Here's an interestiong point:The Energy Information Administration does not feel ANWR will affect the global price of oil when past behaviors of the oil market are considered. "The opening of ANWR is projected to have its largest oil price reduction impacts as follows: a reduction in low-sulfur, light crude oil prices of $0.41 per barrel (2006 dollars) in 2026 for the low oil resource case, $0.75 per barrel in 2025 for the mean oil resource case, and $1.44 per barrel in 2027 for the high oil resource case, relative to the reference case."[33] "Assuming that world oil markets continue to work as they do today, the Organization of Petroleum Exporting Countries (OPEC) could neutralize any potential price impact of ANWR oil production by reducing its oil exports by an equal amount.
Now I'm not against drilling up there because I think it would help reduce (a small amount be reduce nonetheless) our trade deficit and would continue to sustain the high wage jobs here in the US. As I said before I have flown in that area (where I saw no evidence of Canadian rigs on their side of the border) and the oil companies run a pretty clean show up there, the problems with the broken feeder pipeline in the past year's time not withstanding.