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ANWR legislation back in Congress
KTUU.com ^ | Wednesday, Nov. 7, 2007 | Jason Moore

Posted on 11/07/2007 11:19:34 PM PST by Species8472

ANCHORAGE, Alaska -- The Congressional delegation is preparing for another fight over the Alaska National Wildlife Refuge.

Connecticut Sen. Joseph Lieberman introduced a bill that would designate the coastal plain of the Arctic refuge as "wilderness."

Backers of the bill say it would permanently protect the refuge from oil development.

The Alaska delegation quickly sent out a statement saying they intend to defeat the bill.

The delegation called the bill a short-sighted proposal and say ANWR is the nation's best chance to increase domestic oil production.


TOPICS: Business/Economy; Front Page News; News/Current Events; US: Alaska
KEYWORDS: 110th; alaska; anwr; democrats; drilling; energy; oil
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To: trumandogz

Oil is a global fungible commodity. Any additional oil reduces the tightness of supply and reduces concerns over possible shortages.

But the US lower 48 is the closest oil importing market. Sending the oil to other locations would reduce its profit with increased transportation costs. The vast majority of that would stay in the US.


41 posted on 11/08/2007 9:08:26 AM PST by thackney (life is fragile, handle with prayer)
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To: Proud_USA_Republican; Quackattack

If we apply the rule ‘follow-the-money’ to environmentalist groups blocking oil development in America, we might think there is a conspiracy going on.

Who benefits monetarily from hindering development of oil in ANWR, and off the American coasts ? Who benefits monetarily from restricting the supply of oil while maintaining control of that supply ? Certainly not American oil companies. Their profit is the difference between what the crude costs and what their products sell for. Their cost for domestic crude is under $20 barrel, and foreign crude is $98 today. Domestic oil is the more profitable oil for them, so they would naturally prefer more domestic production and less having to buy it on the open market.

I would be very surprised if the Sierra Club, Green Peace, et al, did not receive significant money from shell organizations funded by OPEC countries.

Of course, every time oil maintains a high market price for a while, domestic oil companies sink a bunch of money and effort into more domestic production. Capital investment that is very risky because OPEC countries can add capacity and still sell their crude at a profit even if oil was $10 a barrel. OPEC producers do not even need to take an actual loss to kill off American producers.


42 posted on 11/08/2007 9:15:05 AM PST by Kellis91789 (Liberals aren't atheists. They worship government -- including human sacrifices.)
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To: thackney
How difficult would it really be to 'exchange' the oil rich area of anwar for a similar sized area on the other side of the preserve ???

I wonder who 'owns' the adjoining land.

Realistically, all this delay is doing is underminig our security during war and gaining more [demonratically ideology-wise] taxes from higher pump prices, smoke & mirrors...

43 posted on 11/08/2007 9:48:37 AM PST by Gilbo_3 (A few Rams must look after the sheep 'til the Good Shepherd returns...)
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To: Species8472
The delegation called the bill a short-sighted proposal and say ANWR is the nation's best chance to increase domestic oil production.

Both sides are slinging some bull.

44 posted on 11/08/2007 9:50:33 AM PST by RightWhale (anti-razors are pro-life)
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To: Gilbo_3
How difficult would it really be to 'exchange' the oil rich area of anwar for a similar sized area on the other side of the preserve ???

That is nearly what was already done. The Alaska National Interest Lands Conservation Act agreed to greatly increase the amount of land set aside as a Wildlife Reserve with the agreeement the barren coastal plain would be explored for oil. This agreement more than doubled the reserve in size.

Since the first agreement has not be upheld, I would not want them to do it again to steel more land away from possible development.

By the way, is is ANWR, not anwar.

Cheers.

45 posted on 11/08/2007 10:07:03 AM PST by thackney (life is fragile, handle with prayer)
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To: Species8472

This legislation protects the bacteria who live at the edge of the oil seeps on the north slope. The oil seep ecosystem in North America’s tundra wilderness is a fragile and beautiful place that deserves protection from development. Caribou, arctic fox, and polar bears regularly visit these seeps and no doubt gain much from the interaction between the earth and its creatures. Thank you, Sen. Lieberman, for saving the oil seeps and allowing my grandchildren to have the opportunity to watch dark slicks slowly gather among the saxifrage and willow while gently swatting black flies and mosquitoes amid the snorting caribou calving in the midnight sun.


46 posted on 11/08/2007 11:20:18 AM PST by redpoll
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To: redpoll
Oh yes, we must protect the beauty of the Coastal Plain.

Beauty year round.

< /sarcasm>

47 posted on 11/08/2007 11:24:10 AM PST by thackney (life is fragile, handle with prayer)
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To: redpoll
The native people in Kaktovik (The town that sits in the middle of the “wilderness” area) have been burning pieces of oil soaked tundra from the oil seeps as fuel for hundreds of years.
48 posted on 11/08/2007 11:34:25 AM PST by Species8472 (Democrats Hate America)
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To: Kellis91789
Next time you meet an enviromentalist, tell them Sierra Club is funded by money from oil, lumber, and auto industries.

Top 3 Sierra Club funding sources:

Pew Charitable Trusts $4,315,000.00
Joyce Foundation $3,007,675.00
Charles Stewart Mott Foundation $2,737,436.00

The Pew Charitable Trusts (seven individual trusts in all) were endowed with various inheritances of the four children of Joseph N. Pew, who founded the Sun Oil Company.

Joyce Foundation: was established in 1948 by Beatrice Joyce Kean, a Chicago heiress whose family wealth stemmed from lumber, building, and sawmill interests.

Charles Stewart Mott Foundation: Charles Stewart Mott sold his father's company (a wire-wheel maker) to General Motors in the early 20th Century, in exchange for over 1 million shares of GM stock. He served on the company's board for over 60 years and left a huge fortune upon his death.

49 posted on 11/08/2007 11:49:43 AM PST by Quackattack
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To: All

Wilderness??? This is so F-ing stupid it boils me. At best, a few hundred people will take the time and money to even look at this area and then they’ll only see a minute fraction to the millionth power. This is our Middle East oil reserve and the only reason I can see Joe saying “no touchy” is that he wants us to suck the Arabs dry first.

I surveyed Ice roads in this area and it’s barren in the winter which is when all the exploration & construction is done.


50 posted on 11/08/2007 12:04:50 PM PST by liberty or death
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To: Quackattack

Heck, they’ll just see that as proof those industrialists felt guilty about their damage to the environment and tried to atone for their sins.

I’d like to find an actual money trail that leads to the Saudis, Chavez, Ahmanutjob, etc.


51 posted on 11/08/2007 12:14:36 PM PST by Kellis91789 (Liberals aren't atheists. They worship government -- including human sacrifices.)
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To: Quackattack

>>Assuming that there is logic in congress, the higher the price goes, the higher the chance that drilling will begin.<<

Yup. It’s time.

The “good guys” will win this time.


52 posted on 11/08/2007 12:15:43 PM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in 1938.)
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To: thackney
Yes, I understand the concept of a fungible commodity. However, my point is that even at full antrticipated E&P ANWR would not have significant impact on the price of oil. At most it would reduce the cost per barrel by 3-5% thus instead of paying $98.00 we would be paying $93.00.

In the end ANWR would have little impact at the pump.

Most importantly, if ANWR did go online the OPEC "Hawks" would cut production thereby maintaining the current price.

Drilling ANWR is a great idea but it is not the answer to cheap oil.

53 posted on 11/08/2007 12:19:06 PM PST by trumandogz (Hunter Thompson 2008)
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To: trumandogz
if ANWR did go online the OPEC "Hawks" would cut production thereby maintaining the current price

Even if they managed to keep together with a cut, it would mean less dollars to them and more American jobs. Still reason enough to produce it.

54 posted on 11/08/2007 12:30:36 PM PST by thackney (life is fragile, handle with prayer)
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To: Species8472

repubs need a bill that will remove the oil from protected lands so that the temptation to drill in the future when oil tops 150bbl will be mute...

GET RID OF THE OIL and SAVE OUR ENVIRONMENT

ron paul will vote for it.

teeman


55 posted on 11/08/2007 12:39:11 PM PST by teeman8r
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To: Species8472

When Congress gets finihsed with tranny and cross-dresser legislation could they consider some energy help.


56 posted on 11/08/2007 12:40:17 PM PST by AU72
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To: thackney

People here post ont his topic with the assumption that ANWR(which many cannot even spell) is the solution to lower gas prices. However, the cold fact of the matter is that ANWR will not offset prices a noticible amount.

And yes, we should drill wherever there is oil int he US.


57 posted on 11/08/2007 12:58:23 PM PST by trumandogz (Hunter Thompson 2008)
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To: trumandogz

ANWR should only be the first on the list including NPRA, Bristol Bay, OCS and all our countries coastline.


58 posted on 11/08/2007 1:01:09 PM PST by thackney (life is fragile, handle with prayer)
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speaking of spelling...

countries = country’s


59 posted on 11/08/2007 1:02:08 PM PST by thackney (life is fragile, handle with prayer)
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To: Proud_USA_Republican
The dems want high gas prices.

Yeah, but when folks start FREEZING TO DEATH because the cost of heating oil has outstripped their ability to pay, the Dems won't want the corpses piled on their doorstep. They'll react by saying, "Americans have a RIGHT to heat!" Then they'll tax the hell outta the rest of us so the Dems can buy heating oil for folks that can't afford it, because the same damnable Dems acted to MAKE it so expensive in the FIRST place.

Mark my words: This is nothing less that a never-ending push to gain universal control of EVERY LAST LITTLE THING.

One fine day we might wake up and realize that the only way to stop this is by force of arms. Hopefully, we'll still have some around.

60 posted on 11/08/2007 1:38:20 PM PST by HKMk23 (Nine out of ten orcs attacking Rohan were Saruman's Uruk-hai, not Sauron's! So, why invade Mordor?)
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