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" The range of potential is from 5.7 to 16.0 billion barrels of technically recoverable oil (the 95 percent to 5 percent probability range). A mid-case of 10.3 billion barrels is based on the statistical mean of the estimates."
You don't think 16 billion barrels of oil would help?
Not for long. The U.S. uses about 6.6 BBO per year. Even if ANWAR produced at maximum capacity (approx 800 MBO per year) and it ALL went to the U.S. (not at all a guarentee, the U.S. still exports oil) it would only meet approx 12% of domestic demand assuming, of course, that demand remains stable. It appears that demand is decreasing due to high prices. Finally.
DOD consumes 395,000 barrels per day.
http://www.energybulletin.net/13199.html
If any of my sources are BS let me know.
" The range of potential is from 5.7 to 16.0 billion barrels of technically recoverable oil (the 95 percent to 5 percent probability range). A mid-case of 10.3 billion barrels is based on the statistical mean of the estimates."
You don't think 16 billion barrels of oil would help?
Not for long. The U.S. uses about 6.6 BBO per year. Even if ANWAR produced at maximum capacity (approx 800 MBO per year) and it ALL went to the U.S. (not at all a guarentee, the U.S. still exports oil) it would only meet approx 12% of domestic demand assuming, of course, that demand remains stable. It appears that demand is decreasing due to high prices. Finally.
So, you agree drilling in ANWR would help.
No, I don't. 12% of domestic demand for just over eight years isn't a solution, it's a band-aid. Let's fix the problem.