Thread: Price of fuel?
View Single Post
  #64   Report Post  
52 nd Name
 
Posts: n/a
Default

DSK,
Why would oil companies invest the billions of dollars in infrastructure,
to extract 6 months usage of oil?


"DSK" wrote in message
...
Scooby Doo wrote:
A "fool" is someone who won't accept a compromise where he gets more than
92% of what he wants. ANWR is 19 million acres. The area identified as
the largest untapped petroleum supply in North America is 1.5 million
acres, or 7.9% of the 19 million.


Uh huh. And if "opening" that 7.9% negates the value of the rest, then
it's not enough, is it?

.. The proposal to open that 1.5 million acres would create about
700,000 jobs, decrease our dependence on Middle Eastern and other
unstable foreign sources of energy, and allow 92.1% of the wildlife
refuge to remain untouched.


No, it will provide approx six months worth of oil at current consumption,
probably less by the time all is said and done, and cut across the entire
wildlife refuge disrupting migration & seasonal habitat.

In other words, for a couple days supply of oil (and huge profits to those
allowed "in"), you want to destroy the refuge. Good idea.

DSK