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Originally Posted by Hardknock
Here's one of many soruces KMA. There's articles all over the web so do a little searching.
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We don't need any oil. NOTHING. We have the technology today to cut all use of the internal combustion engine. Why dont we do it? Money of course. The world economy would go to total shit if all oil dried up tommorow. And having an oil man in the white house doesn't help either. It doesn't surprise me that other Alaskans are for drilling, it will add a measly $200 or so to their PFD checks. That's what seems to be the most important thing to people thses days. Money. Never mind that this will only repay the oil lobbyists that paid Bush to get reelected.
I've been telling lower48'ers this all along. There isn't enough oil in Alaska to save us from the Saudis. Look at every estimate that has ever been given about ANWR. Show me an estimate that shows a more than six month supply of oil.
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I do not believe that the oil from ANWR will save up from the mid-eastern suppliers. I don't believe that anyone in this thread has utilized that as reasoning.
Actually it would probably add another $500+ per person to the PFD. Other effects could add up to a lot more money. Figure in occupational bonus', 401 K matching, and lessen the possibility of having a state tax. That (in my figures) could add up to over $5000 a year per wage earner per year. So if you want to call Alaskans greedy, so be it. Nothing "measly" about $5000 a year. What about the effect on industry in the lower 48. How many millions of dollars will come up on the barge? How many people from TX, OR, WA will fly up for the jobs and bring the money home to spend.
Before you knock someone making money from the resources in their state, look at the lower 48 and the reliance upon natural resources. Tell Arizona to stop mining, tell Colorado to stop exploring for natural gas, tell Mississippi to stop the offshore oil production, tell Florida to stop shrimping etc... etc.... . Animals live there too, lets be fair across the board.
IMO - It does not matter how much oil there is. Obviously there is enough for the oil companies to want to pursue it. Until testing is done we cannot make an informed decision. Estimates are just estimates.