Alaska: Very large shale oil discovery made (Fairbanks: credit, transfer to)

[LadyAuke]

Originally Posted by Dakster

When you put it in that perspective... It really is a drop in the bucket.

If we did drill it, then built a refinery in Alaska and used it all ourselves, it would last significantly longer. Might help with energy costs in the interior, too.

[Dakster]

Originally Posted by LadyAuke

If we did drill it, then built a refinery in Alaska and used it all ourselves, it would last significantly longer. Might help with energy costs in the interior, too.

That has NEVER made sense to me - why Alaska's crude oil is pipelined out of the state.

You would think that someone would refine what is needed in Alaska and then sell off the rest. You already have the highest fuel prices around - so you can't tell me that "they" make more money moving it thousands of miles to somewhere else... Alaska even has the LOWEST state gas taxes in the country of $.08 per Gal.

Too bad I don't have the money to open up a refinery and gas station in AK... I would buy local crude, refine it locally, and sell it locally.... Just makes PERFECT business sense...

[warptman]

Jesus eves, just let it go.

[LadyAuke]

Originally Posted by SityData

Alaska has two refineries. Neither has done a darn thing to help anything.

We need JOBS... but our president is content to giving jobs away outside of the United States!

Keystone was canceled by Obama who blames the Repulicans; Our Expert Aircraft Factories are not allowed to build a new jet fighter - That contract was taken away from an American Company and given to a company in Brazil.

Off shore oil drilling was shut down and a billion dollars was given to Brazil to drill in the Gulf of Mexico!!



We need 5 more years (of Obama's failed policies)- to prove what a wonderful plan Socialisim can provide the greatest country that used to be!!

I think the word you're looking for is globalism, not socialism. Seems most people these days wouldn't know socialism if it came up and slapped them right in the face.

[Frostnip]

Originally Posted by LadyAuke

If we did drill it, then built a refinery in Alaska and used it all ourselves, it would last significantly longer. Might help with energy costs in the interior, too.

Wouldn't that be great?

Of course, it won't happen, because it'd jack up the way the big conglomerates do business and they own the government, but it'd be interesting to see someone break down the actual economics of Alaska using its own oil and gas for itself.

[gobrien]

Originally Posted by LadyAuke

If we did drill it, then built a refinery in Alaska and used it all ourselves, it would last significantly longer. Might help with energy costs in the interior, too.

I wish we could use it ourselves, heating fuel is way too expensive and I wonder how some people survive without burning wood. Glad I live in a town that isn't being regulated to death over woodsmoke. It seems un-Alaskan.

[Marty Van Diest]

Originally Posted by LadyAuke

If we did drill it, then built a refinery in Alaska and used it all ourselves, it would last significantly longer. Might help with energy costs in the interior, too.

There already is a refinery in Fairbanks.

There is one in Kenai too.

[Rance]

If a majority of the shale is on or in state land, maybe the state will have some say as to what they do with it.

[SityData]

Originally Posted by Marty Van Diest

There already is a refinery in Fairbanks.

There is one in Kenai too.

North Pole has a refinery;
so does Valdez (petro-star) - Owned by ASRC in Barrow

I believe that 3 of the pump stations have a refinery of sorts. They make the diesel fuel that runs the 3 Rolls Royce Jet engines in most of the pump stations.
Pump 11 & Pump 7 are the exceptions I believe.
This diesel fuel is shipped by tanker trucks up and down the line for all of the pump stations.

[TechGromit]

As impressive as the discovery of 2 billion barrels of oil is, it pales in comparison to Saudi Arabia and Venezuela's proven oil reserves of over 250 billion barrels of oil. America really needs to get itself off the addiction of oil, our future prosperity really depends on it. Natural Gas would make a great alternative that could replace oil today, until renewable energy technology develops.