The Democrats have told us that ANWR is off limits because the size of the 16 billion barrel deposit is too small to risk the absolute purity of the barren, frozen waste up there. Considering that existing pipelines have NOT changed the caribou migration patterns nor have they had any appreciable effect on the herd size one can only wonder what the fuss is all about. The track record of these pipelines is excellent; yet the the claim of the environmental activists is that the opening of ANWR would destroy the wilderness. The likes of Green Peace, and other environmental activists along with OPEC lobbyists have found the Democrats in congress eager to do their bidding and keep ANWR closed.
When one takes into account the shale oil reserves in the Rockies, the United States has more than three times the amount of oil than the Saudi Arabians.
The United States has an oil reserve at least three times that of Saudi Arabia locked in oil-shale deposits beneath federal land in Colorado, Utah and Wyoming, according to a study released yesterday.
One would imagine that this resource is big enough to bother with. Though the study was recently released the US has known of this reserve for some time.
The vast extent of U.S. oil shale resources, amounting to more than 2 trillion barrels, has been known for a century. In 1912, the President, by Executive Order, established the Naval Petroleum and Oil Shale Reserves.
This resource is enough oil to last us to the next Century. The only trouble with this potential resource is that the Democrat controlled congress does not want to make it accessible to development. They and their masters in the Green lobby would prefer to see us paying $4 dollars or more at the pump.
We need a new energy source now. Windmills are for Don Quixote to tilt at, and are not meant for industrial energy production. The Indian and Chinese economies are growing fast. This economic growth has greatly improved the lot of the average Indian and Chinaman, but, these same folks are now competing with us for ALL the worlds resources. The time has come to increase the size of the pie. With Al Gore increasing his electric bill by 10%, we need to act fast.
Shell Oil Corp has a new idea for the extraction of oil from shale that potentially has a lower environmental impact than traditional methods. This new method is called the en situ extraction process. Since this is a new approach, there are risks in both development costs and schedule. As the method is new, the claim that this will be a more ecologically friendly approach remains to be proven.
The other trouble with this potential bonanza of energy is that our Democrat lead congress has recently voted to stop development of this resource.
The Senate Appropriations Committee today narrowly defeated Sen. Wayne Allard’s attempt to end a moratorium related to oil shale development in Colorado.
Apparently the need for oil is not great enough yet. We need to suffer, when the people start giving up their cars, living without heat or air conditioning then our betters in Green Peace and the Democrat party might be satisfied.
We have an energy crisis in the making; the world wide demand for oil is growing. Actually it has doubled every 20 years for the past 80. We are sending money to dictators and religious fanatics who hate us, in short we are financing our enemies. This is hubris on a grand scale. The Democrats in congress are in the pockets of special interest groups like ELF, PETA, The Sierra Club and Green Peace.
The only domestic sources of energy currently available for expansion are coal and natural gas. Coal is not an energy source known for being ecologically friendly, so why are we being forced into a corner to use it? Natural gas production cannot make up the need for more energy alone and foreign oil is getting more and more expensive.
Shale oil was not economically viable when oil was below $35 a barrel; at $100 a barrel we need to invest in this resource and clear the way for this to get to market. It will take time, so the longer we wait the worse our economic situation will get.