RV Fuel Issues & Prices - Post 'Em Here!

Wow that is totally different than what I have been reading. I know back when gas prices were very high, congress indicated that their information was ANWR was profitable at $40/bbl. Only 2,000 acres would be affected (of the 19.5 million acres in ANWR) for a resource of 5 to 8 billion bbls. With directional drilling they can go out 8 to 10 miles in each direction. The 2,000 acres is only 70 miles from the existing pipeline it could be moving oil within 3 years. The existing pipeline has an excess capacity of 1.7 million bbls a day and is ready to go once the 70 miles is completed. It is now under congressional ban. I have read in numerous places that the shale oil under present technology developed by Shell Oil (using steam method) yields about 1200 bbls/ acre with the operation completely underground (300 to 1,000 feet). Price breakeven point was reported to be $65/ bbl. Production and testing is banded by congressional mandate even though the Shell facility is built. There have been some big finds (20 to 30 billion bbls) in the Chukchi Sea and we actually sold leases there. It is now been put under a dept of energy no drill zone by Executive order ad part of the polar bear now being listed as endangered (even though it has had a 5 fold increase in number since 1960). Russia is actually drilling there now (So I have read.) Russia is drilling off my state of Florida in assisting Cuba in the Florida straights. There is a congressional ban for US drilling. Our Florida legislature has approved state drilling in the first 10 miles off shore and the tree huggers have tied it up in the courts, but I think this will be happening within a few year. I would much rather see oil and gas drilling further offshore, but that is banded by congressional mandate beyond the state limit.

I have read that the total worldwide pumping capacity about 87 million bbls/day and that prior to the recession demand was about 85 million bbls/day which is pretty close and why the price went up. I am a big believer in natural gas for RV;s. The gasoline engines can be converted over without a huge cost.

Interesting link on the US reserves (even though we are not allowed to recover them.) We have enough fossil fuels to be independent, it is the will to get them that makes us dependant on other countries.

http://www.humanevents.com/article.php?id=34233