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-Short Attention Span Theater-
USGS Survey: Alaska only has 10% of the oil they thought they had
2010-10-27
This might change things. If true ....
Posted by:gorb

#7  The percentage of oil Alaska has in its reservoirs is not the problem.

The percentage of U.S. politicians OPEC has in its pocket.... that is the problem.
Posted by: junkiron   2010-10-27 23:13  

#6  Coming from such a source, I don't believe it.
Posted by: Anguper Hupomosing9418   2010-10-27 15:04  

#5  I've come to regard just about any information coming out of the government with plenty of salt.
Posted by: JohnQC   2010-10-27 13:13  

#4  bad headline

the reduction in the estimated recoverable oil is only for the National Reserve area (the NPRA in the northwest of Alaska), not for the ANWR area in the Northeast of Alaska.

The latter is where the oil companies want to drill because it is reasonable accessible to the existing pipeline.
Posted by: lord garth   2010-10-27 11:03  

#3  We'll never know unless we drill. I mean, someone could say there are flying monkeys living in a Utopian society down there. Got to drill to prove them wrong.
Posted by: Iblis   2010-10-27 10:50  

#2  It's worth about four hundred billion dollars a year at current rates TO SOMEONE to keep us from drilling in this country.
Posted by: Thing From Snowy Mountain   2010-10-27 10:03  

#1  I remeber the USGS attempt to scuttle the Alaskan Pipeline by argueing that the Prudhoe Bay Field contained no more than 850 million barrels. Since then the Prudhoe Bay Field has produced more than 16 billion barrels.
Posted by: junkiron   2010-10-27 08:13  

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