Alaska: Very large shale oil discovery made (closing, live)

[phlinak]

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's an excellent idea, if only those powers that be were so inclined.

[phlinak]

Originally Posted by 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.

Good points.

Additionally, the promotion and expansion of the use of clean diesel technology would also help. Diesel engines are now much cleaner and much more efficient than gasoline engines. Our automotive industry should follow the examples set by Audi, BMW, Mercedes-Benz, and Volkswagen concerning the use of clean diesel technology. Yes, the initial cost is slightly more but over time, it more than pays for itself. Cleaner air and cheaper costs of ownership. A win-win for the American people.

[2nd trick op]

Originally Posted by warptman

You can license and ride on the streets in Montana and Wyoming. You can't ride them on the freeways though.

And let's not forget the time that musician George Jones got arrested for DUI while riding a lawn mower to the liquor store.

[arctichomesteader]

Originally Posted by Moose Whisperer

Even if you dedicated the entire output of TAPS just to pumping these 2 billion bbls, it would take about 5 years to pump it all down south. You seem to have a real problem with basic math.

It doesn't matter how slowly you pump it out, it's still not even a half of a year's supply for the U.S. A drop in the bucket.

[Marty Van Diest]

If you count up all the estimated oil in the ground in Alaska right now. This is not counting what may be discovered in the future, there is about 10 years supply for the US. Some of this oil is not recoverable without better technology but it is still there. I wouldn't call that a drop in the bucket.

That doesn't count the oil in the ground in the rest of the US and offshore the continental US. It also doesn't count what Canada may be able to supply, this is just in Alaska and just known oil reserves. So we aren't running out any time soon.

That doesn't mean it might not be a good idea to develop other sources of energy, like hydro, nuclear, natural gas etc. We can also work on wind, tide, solar, and as technology improves these will hopefully be so efficient that they become the choice.

[RayinAK]

Originally Posted by Marty Van Diest

If you count up all the estimated oil in the ground in Alaska right now. This is not counting what may be discovered in the future, there is about 10 years supply for the US. Some of this oil is not recoverable without better technology but it is still there. I wouldn't call that a drop in the bucket.

That doesn't count the oil in the ground in the rest of the US and offshore the continental US. It also doesn't count what Canada may be able to supply, this is just in Alaska and just known oil reserves. So we aren't running out any time soon.

That doesn't mean it might not be a good idea to develop other sources of energy, like hydro, nuclear, natural gas etc. We can also work on wind, tide, solar, and as technology improves these will hopefully be so efficient that they become the choice.

We also have oil and natural gas around Fairbanks, and over by Nenena there is supposed to be a lot of natural gas.

[Craziaskowboi]

Originally Posted by starlite9

I think in the olden days guys like him were called "Snake oil salesmen", promise all sorts of cures but delivered none.

When you sell snake oil for a living, the availability of crude oil can have a negative impact your business.

[kdog]

Originally Posted by warptman

You can license and ride on the streets in Montana and Wyoming.

Arizona too.

[Moose Whisperer]

Originally Posted by arctichomesteader

It doesn't matter how slowly you pump it out, it's still not even a half of a year's supply for the U.S. A drop in the bucket.

Quite illustrative (but not surprising) that New England Liberals such as yourself are so flippant to dismiss the jobs and lively-hoods of hard working Americans and their families as "just a drop in the bucket."

Actually though, the only bucket around here is that big tub of Ben & Jerry's Propaganda you are spoon-feeding yourself from.

[SityData]

When the pipeline was orignally built it was hailed as having enough oil to take 20 years to pump out. Then everything was supposed to be removed and returned to its original state. But they found out there was much more than originally thought. They have also found out; as you pump oil out of wells.. more eventually seeps back in (from other sources)....