Wednesday, March 16, 2005
And the rationale for drilling in ANWR is ... what?
Over here, we read that the U.S. Senate narrowly voted to open the Alaska National Wildlife Refuge (ANWR) for oil drilling. This is a curious development since, according to various articles, even optimistic estimates put the amount of oil in ANWR at around 10 billion barrels (and this is only a guess, it hasn't been confirmed).
Now, given that the average daily consumption of oil in the United States is (according to the Department of Energy) 20 million barrels per day, some simple math (follow along closely now) tells us that, even if ANWR pans out, it will provide less than one and a half years worth of oil for the U.S. Less than one and a half years. That's it.
And for that, they're going to wipe out ANWR? How odd. Read the article and see for yourself.