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Wednesday, March 09, 2005

Making the Case for ANWR Development

MAKING THE CASE FOR ANWR DEVELOPMENT

As domestic oil production continued its decline, the U.S. imported 58% of its petroleum needs in 2004. These oil imports cost more than $150 billion and robbed tens of thousands of steady, high-paying jobs from American workers...

...Today's domestic oil production comes from more than 150,000 wells scattered throughout the country; they average 15 barrels a day. There have been no new major discoveries in the 48 contiguous states in thirty years. As the U.S. population increases, the nation must either produce more or import more. Alaska's Arctic is the most promising area for the largest supply with the smallest physical impact.

The U.S. economy benefits from domestic production when new construction, service, manufacturing, and engineering jobs are created. These jobs occur in all 50 states. A national impact study by Wharton Econometrics estimates total employment at full production in ANWR to be 735,000 jobs. Federal revenues would be enhanced by billions of dollars from bonus bids, lease rentals, royalties and taxes...

...Discovery of the gigantic Prudhoe Bay oilfield was announced in July 1968, the largest deposit ever found in North America. (Environmentalists called it a "few months' supply.") Nine years, 7.7 billion dollars, and 1,347 government permits later, Americans cheered as oil began flowing through the 800-mile Trans-Alaska Pipeline System.

Since July 1977, the pipeline has carried more than 13 billion barrels of oil from Alaska's North Slope. During that time Alaska oil has supplied 20% of domestic production, amounting to nearly a $300 billion offset to the national trade deficit. Natural gas, produced with the oil, continues to be reinjected pending studies to determine feasibility of a pipeline to U.S. markets. Prudhoe Bay gas reserves are 30.9 trillion cubic feet.

Today the Alaska oil pipeline carries less than half its capacity; thus the search continues for new supply to keep it operating. (Without it, the entire system must eventually be decommissioned and removed.) The coastal plain of ANWR, 60 miles east of Prudhoe Bay and with similar geology, is America's most prospective area for another giant oil field.

Studies of the ANWR coastal plain indicate it may contain between 6 and 16 billion barrels of recoverable oil (between 11.6 and 31.5 billion barrels in-place). With enhanced recovery technology, ANWR oil could provide an additional 30 to 50 years of reliable supply. Natural gas, produced with the oil, could be reinjected or added to a new gas pipeline originating in Prudhoe Bay.

Petroleum development at Prudhoe Bay has not negatively affected wildlife. For instance, the Central Arctic caribou herd is at home with pipeline facilities and has grown from 3,000 to as high as 27,100 in the last 20 years. Drilling activity in ANWR would be limited to winter months when wildlife does not frequent the coastal plain.

Constantly improving technology has greatly reduced the footprint of Arctic oil development. If Prudhoe Bay were built today, facility designs show the footprint would be 64% smaller

When browsing the internet to try and find reasonable examples of why we shouldn't drill in ANWR, you come across some very humorous material. The best example of this humor is "12 Reasons Not to Drill in ANWR" by the Wildlife Conservation Society. There number one reason not to drill is "The size of the oil deposit is unknown. Most estimates place the amount equivalent to a 200-day supply of U.S. consumption." This is a lie. The U.S. Geological Survey has said this supply could last THIRTY TO FIFTY YEARS. It will also be able to offset hundreds of billions of dollars in our national trade defecit much like the Prudhoe Bay drilling did, effectively paying for military operations that have taken place over the past few years. Another talking point of the environmentalists is repeated by this group, "Research has shown that female caribou with calves avoid areas with oil development. The ANWR coastal zone is the major calving ground of the Porcupine Herd." Looking at Purdue Bay and seeing how the population of the animal quadrupled since we began drilling there proves this statement to be horribly incorrect and misleading.

Other reasons listed by the WCS is "Any oil in ANWR would do little to reduce the need for U.S. oil imports." Again, just simply not true. We could greatly reduce our need on foreign oil by drilling domesticly. Another reason is "Any oil production in ANWR is at least a decade away, even if drilling were to start now." So I guess you better not start any project that might take a few years, with that logic. I guess we should've never started the space flight program, since it took them years to achieve anything over at NASA. My favorite reason they list to not drill in ANWR is classic, "There are a number of places on earth that should be preserved solely for their own sake, unaffected by greed, where people can seek spiritual values and enjoy a world unaffected by humankind. ANWR is such a place." Hmm, a place where people can seek spiritual values... Let's see what kind of environment this spiritual cleansing is taking place in...



Yeah. That looks real inviting. Can't disturb all those people flocking to the area to seek spiritual refuge and enlightenment. That wouldn't be tolerant.


 
conservativerebel.blogspot.com: Making the Case for ANWR Development <body>

conservativerebel.blogspot.com

Wednesday, March 09, 2005

Making the Case for ANWR Development

MAKING THE CASE FOR ANWR DEVELOPMENT

As domestic oil production continued its decline, the U.S. imported 58% of its petroleum needs in 2004. These oil imports cost more than $150 billion and robbed tens of thousands of steady, high-paying jobs from American workers...

...Today's domestic oil production comes from more than 150,000 wells scattered throughout the country; they average 15 barrels a day. There have been no new major discoveries in the 48 contiguous states in thirty years. As the U.S. population increases, the nation must either produce more or import more. Alaska's Arctic is the most promising area for the largest supply with the smallest physical impact.

The U.S. economy benefits from domestic production when new construction, service, manufacturing, and engineering jobs are created. These jobs occur in all 50 states. A national impact study by Wharton Econometrics estimates total employment at full production in ANWR to be 735,000 jobs. Federal revenues would be enhanced by billions of dollars from bonus bids, lease rentals, royalties and taxes...

...Discovery of the gigantic Prudhoe Bay oilfield was announced in July 1968, the largest deposit ever found in North America. (Environmentalists called it a "few months' supply.") Nine years, 7.7 billion dollars, and 1,347 government permits later, Americans cheered as oil began flowing through the 800-mile Trans-Alaska Pipeline System.

Since July 1977, the pipeline has carried more than 13 billion barrels of oil from Alaska's North Slope. During that time Alaska oil has supplied 20% of domestic production, amounting to nearly a $300 billion offset to the national trade deficit. Natural gas, produced with the oil, continues to be reinjected pending studies to determine feasibility of a pipeline to U.S. markets. Prudhoe Bay gas reserves are 30.9 trillion cubic feet.

Today the Alaska oil pipeline carries less than half its capacity; thus the search continues for new supply to keep it operating. (Without it, the entire system must eventually be decommissioned and removed.) The coastal plain of ANWR, 60 miles east of Prudhoe Bay and with similar geology, is America's most prospective area for another giant oil field.

Studies of the ANWR coastal plain indicate it may contain between 6 and 16 billion barrels of recoverable oil (between 11.6 and 31.5 billion barrels in-place). With enhanced recovery technology, ANWR oil could provide an additional 30 to 50 years of reliable supply. Natural gas, produced with the oil, could be reinjected or added to a new gas pipeline originating in Prudhoe Bay.

Petroleum development at Prudhoe Bay has not negatively affected wildlife. For instance, the Central Arctic caribou herd is at home with pipeline facilities and has grown from 3,000 to as high as 27,100 in the last 20 years. Drilling activity in ANWR would be limited to winter months when wildlife does not frequent the coastal plain.

Constantly improving technology has greatly reduced the footprint of Arctic oil development. If Prudhoe Bay were built today, facility designs show the footprint would be 64% smaller

When browsing the internet to try and find reasonable examples of why we shouldn't drill in ANWR, you come across some very humorous material. The best example of this humor is "12 Reasons Not to Drill in ANWR" by the Wildlife Conservation Society. There number one reason not to drill is "The size of the oil deposit is unknown. Most estimates place the amount equivalent to a 200-day supply of U.S. consumption." This is a lie. The U.S. Geological Survey has said this supply could last THIRTY TO FIFTY YEARS. It will also be able to offset hundreds of billions of dollars in our national trade defecit much like the Prudhoe Bay drilling did, effectively paying for military operations that have taken place over the past few years. Another talking point of the environmentalists is repeated by this group, "Research has shown that female caribou with calves avoid areas with oil development. The ANWR coastal zone is the major calving ground of the Porcupine Herd." Looking at Purdue Bay and seeing how the population of the animal quadrupled since we began drilling there proves this statement to be horribly incorrect and misleading.

Other reasons listed by the WCS is "Any oil in ANWR would do little to reduce the need for U.S. oil imports." Again, just simply not true. We could greatly reduce our need on foreign oil by drilling domesticly. Another reason is "Any oil production in ANWR is at least a decade away, even if drilling were to start now." So I guess you better not start any project that might take a few years, with that logic. I guess we should've never started the space flight program, since it took them years to achieve anything over at NASA. My favorite reason they list to not drill in ANWR is classic, "There are a number of places on earth that should be preserved solely for their own sake, unaffected by greed, where people can seek spiritual values and enjoy a world unaffected by humankind. ANWR is such a place." Hmm, a place where people can seek spiritual values... Let's see what kind of environment this spiritual cleansing is taking place in...



Yeah. That looks real inviting. Can't disturb all those people flocking to the area to seek spiritual refuge and enlightenment. That wouldn't be tolerant.