At what price is drilling in ANWR economically feasible
My buds at Independent Sources so nailed this issue I just suggest going there and reading it. A synopsis:
…….but reading this story about Brazil’s recent discovery of a deep water oil field of 5,000,000,000 to 8,000,000,000 barrels of oil made me think of it…….
……but when the US has a known field of 25 to 50% greater size which is easier to extract it’s exploitation will do nothing to lower prices or decrease foreign oil dependence.
Ditto. Methinks there’s a lot more to ANWR than simple economics.
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Tags: alaska, anwar, brazil, Conspiracy Theories, economics, Energy Policy, greenpeace, independent sources, oil, Oil Policy, Oil Supply, Political Correctness, The Media
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