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$12-15 per gallon coming soon to a pump near you
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[QUOTE]Originally posted by glassman: [QB] [QUOTE]Originally posted by Propertymanager: [qb] [QUOTE]Do you know how many years it will be to build meaningful infrastructure in ANWAR and in undeveloped areas off the Florida coast???[/QUOTE]Funny, that's the same thing Bill Clinton said in 1995. Of course, if he had signed the bill to drill in ANWR back then, we'd be pumping that oil today. Better get started - we need that oil until we convert to something else and that could take decades. [/qb][/QUOTE]have you studied anything beyond the simple "envirnomental impact" argument against drilling in ANWR? the real problem is not saving polar bears. it's about the actual cost to build and maintain the project. plenty of people have done the math. it will be the most expensive oil ever obtained. now, before you go pointing at the cost of oil today? and how it wold help "cut costs" (it won't) there's still a problem. the economy has this way of "leveling" everything. sure, oil is high today and will probably stay high but everything else will slowly catch up.... in other words? the costs to get the oil will go up as the price of oil permeates the economy, which we are seeing now... if ANWR was really an answer? it would already be pumping. people like to play with figures and say that ANWR at it's highest potential could provide the US 5% of its oil needs for 12 whole years.... that's the "glossiest" picture available... what they don't tell you is that we have no idea if that is what it will actually produce or not until we "tap" it... you want a cheaper way to add 5%? be more economical.... the best way? of course would be to do both, but ten years ago, when Clinton vetoed the bill? (i do not like Clinton so i'm not apologising)- people were buying SUV's and "light trucks" to commute in and look good.... at 12 -14 MPG instead of cars that were mandated to get DOUBLE that mileage.... there's the REAL problem... doubling our "fuel economy" would double the availability of fuel... and that is much cheaper then drillin in ANWR.. the fact is that US society has refused to look at this problem head on. [/QB][/QUOTE]
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