Posted on 08/07/2006 5:27:11 AM PDT by governsleastgovernsbest
As I recall, most of the Alaska pipeline was built with an expected lifespan of about 30 yrs., which seemed very far off in the late 60's/early 70's.
Weren'tt they also saying that our oil would run out in 1990 or 2000? They probably figured they had the system beat ;)
There's apic of a pipe section on Drudge right. Completely shot. They will replace 73% of the pipeline. Going to be closed for a loooong time!
from reuters "Democrats call on Congress to probe BP shutdown"
Bush's fault!
--this shutdown is not likely to be a plot by BP to drive up prices, as some are asserting here--
Hear now this, O foolish people, and without understanding; which have eyes, and see not; which have ears, and hear not.
Jer. 5:21 KJV
--why would BP need a pretext to withhold oil from the market to raise prices? Just do it--
Such a bonehead move would only inflame public (and congressional) passions against the oil industry further. The oil industry still has not forgotten the late, great, conservative senator Henry (Scoop) Jackson, who suggested back in the 1970s that the oil industry be nationalized. From his lips to Gods ears, as the saying goes. Anyhow, this gives BP a pretext to shut down the pipeline in the name of preventing an oil spill that would harm Mother Earth. Clever!
Uh-oh, if I read the story on Drudge correctly, they haven't even pigged the line, and I'll bet they will find more damage.
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