Quote:
Originally Posted by tim3058
Not knowing much about ANWR I searched it on Ixquick. Just to educate myself about the facts. The Dept. of Energy has a report out on ANWR, it was the first link on ixquick http://www.eia.doe.gov/oiaf/servicer...af(2008)03.pdf
Page #9 has a graph worth looking at, ANWR is at least an appreciable increase in domestic production. Below the graph the DOE concludes:
The opening of ANWR to oil and gas development includes the following impacts:
• reducing world oil prices,
• reducing the U.S. dependence on imported foreign oil,
• improving the U.S. balance of trade,
•extending the life of TAPS [current alaskan pipeline] for oil, and
•increasing U.S. jobs.
I would assume the DOE has the best available facts at their disposal. Others may just have discovered this report before I did. |
A few thoughts on the DOE impacts:
1. reducing world oil prices=increased oil consumption. Is this a positive consequence?
2. reducing US dependence on foreign oil?? I think the increase in consumption would more than offset the increased supply from ANWR.
3. Improve balance of trade??? see 2 above
4. extend life of TAPS?? the pipeline will be needed as long as Alaska is producing oil.
5. Increase US jobs??? many more jobs can result from investing in alternative energy sources, a variety of jobs across the country that will impact the whole economy.
Just my $.02