RV Fuel Issues & Prices - Post 'Em Here!
All other fuel threads will be automatically deleted. :)
Forum Discussion
THE FACTS ABOUT DRILLING IN ANWR
--quote--
According to the Energy Information Administration's Petroleum Basic Statistics for the year 2007, the United States uses 7,554,601,000 barrels/year of oil. Let's call that 7.55 billion barrels/year. According to the USGS ANWR survey, the absolute best case scenario from the ANWR oil fields --which includes non-federal land (i.e. State and Native areas)-- puts it at 15.96 billion barrels of oil.
In the absolute best case scenario for recovering ANWR oil, it would provide 2.11 years of oil. That "2.11 years" is assuming the Magic Oil Fairyâ„¢ comes along and zaps all the oil out of the ground in one fell swoop. Here in the real world, that ain't going to happen. The EIA did a study that was released just this month. In said report, every scenario they run numbers on assumes ANWR oil production beginning in 2018. That makes "ANWR drilling as a solution for current gas prices" even sillier than a federal gas tax holiday.
The EIA study also found that "ANWR oil production is not projected to have a large impact on world oil prices." Why? Because those dang OPEC countries would just lower their output to keep total world production in the supply/demand/futures market sweet spot it's in right now. Oh, those tricky bastiches!
So we have 2.11 years of oil that we can start getting to market in about 10 years. Under the EIA's high-resource-case scenario, ANWR production would peak at 1,450,000 barrels per day in 2028. For perspective, that is 7% of today's daily usage.
What all this jumble of numbers and research points to is that ANWR drilling is not going to help our current gas prices. In fact, it wouldn't help gas prices at all. It will not do anything to relieve us of our dependence on foreign oil for perhaps a decade. Should drilling occur, it could provide as much as 7% of our current daily usage for a very short amount of time. Even while in production, it will not significantly reduce our dependence on oil imports.
If the U.S. Government were to aggressively pursue a policy of higher fuel efficiency standards, energy efficiency, conservation, and alternative fuel sources, don't you think we could come up with something more substantial by 2018? What about 2028? This is the country that went to the moon in under a decade.
--end quote--
http://www.dailykos.com/storyonly/2008/5/28/10498/2730/680/524102
--quote--
According to the Energy Information Administration's Petroleum Basic Statistics for the year 2007, the United States uses 7,554,601,000 barrels/year of oil. Let's call that 7.55 billion barrels/year. According to the USGS ANWR survey, the absolute best case scenario from the ANWR oil fields --which includes non-federal land (i.e. State and Native areas)-- puts it at 15.96 billion barrels of oil.
In the absolute best case scenario for recovering ANWR oil, it would provide 2.11 years of oil. That "2.11 years" is assuming the Magic Oil Fairyâ„¢ comes along and zaps all the oil out of the ground in one fell swoop. Here in the real world, that ain't going to happen. The EIA did a study that was released just this month. In said report, every scenario they run numbers on assumes ANWR oil production beginning in 2018. That makes "ANWR drilling as a solution for current gas prices" even sillier than a federal gas tax holiday.
The EIA study also found that "ANWR oil production is not projected to have a large impact on world oil prices." Why? Because those dang OPEC countries would just lower their output to keep total world production in the supply/demand/futures market sweet spot it's in right now. Oh, those tricky bastiches!
So we have 2.11 years of oil that we can start getting to market in about 10 years. Under the EIA's high-resource-case scenario, ANWR production would peak at 1,450,000 barrels per day in 2028. For perspective, that is 7% of today's daily usage.
What all this jumble of numbers and research points to is that ANWR drilling is not going to help our current gas prices. In fact, it wouldn't help gas prices at all. It will not do anything to relieve us of our dependence on foreign oil for perhaps a decade. Should drilling occur, it could provide as much as 7% of our current daily usage for a very short amount of time. Even while in production, it will not significantly reduce our dependence on oil imports.
If the U.S. Government were to aggressively pursue a policy of higher fuel efficiency standards, energy efficiency, conservation, and alternative fuel sources, don't you think we could come up with something more substantial by 2018? What about 2028? This is the country that went to the moon in under a decade.
--end quote--
http://www.dailykos.com/storyonly/2008/5/28/10498/2730/680/524102
