Quote Originally Posted by bhallg2k
The Senate approved drilling in the Arctic National Wildlife Refuge. The measure was villainous attached to a filibuster-proof budget bill passed yesterday.

A question though.

The most liberal estimates - and I don't mean left-leaning - predict that there are about 10.5 billion barrels of oil available at the ANWR site. Some estimates have it at half that.

The U.S. currently uses just over 7 billion barrels of oil a year.

Peak production from ANWR of 1 million barrels a day isn't expected until 2025 at the earliest.

Americans use 22 million barrels of oil a day.

Source: http://news.yahoo.com/s/ap/20051104/.../arctic_refuge and other things I've read through the years.

So I what want to know is this: is it worth it?
Howdy bhall,

I read the article and was somewhat surprised,that they only opened up 2000 acres,that really ain't much,we got lots of ranches and farms,down here in Texas,that are bigger than that,heck-my old family farm used to be over 800 acres. Also,I don't see any reason why the oil patch couldn't git things up and runnin,in less than 10 years..certainly drilling operations could commence in less than a year and once they git the rigs up there and the locations surveyed and built,it'll go pretty dang quick.

I think the number they used for total production,is on the low side and that more pockets and reserves,will be found,once the drilling rigs move in and they git a feel for the area. Drilling samples are the best evidence for determining the formation in which the reserves and pockets,are held.

We'll just have to see how things work out,certainly,we need to rely less on foreign imports of oil and develope our own resources more,along with some degree of conservation too.

Have a good one ...