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To: OHelix
Newt claims the Gulf could return to 400,000 barrels per day and Alaska could supply 1.7 million barrels per day,

Wait a minute, I read these as additions, not new totals.

Did you mean additional or totals from these areas?

48 posted on 03/06/2012 1:01:58 PM PST by thackney (life is fragile, handle with prayer)
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To: thackney

In my previous post I treated them both as additions, if I was mistaken, please let me know.

I am fairly certain the 1.7 million figure is from opening up federal lands in Alaska, and is not a total from Alaska.

Also, the 400,000 figure must be additive, since we produce well over a million a day from there now. It may, however, refer to a loss of 400,000 under Obama that would presumably be restored.

From the following, I would conclude the 700k figure regarding the keystone pipeline is also an addition, not a total:

“Keystone has contracts with oil sands producers totalling 495,000 barrels per day with an average contract term of 18 years.”

“ConocoPhillips will use the Keystone Pipeline to deliver raw materials for a production and processing partnership with EnCana to pump raw oil sands bitumen out of Alberta for upgrading and refining in Illinois and Texas.”

“TransCanada hopes to secure oil shipping contracts that will prompt construction of a second, longer leg to take 750,000 barrels daily to Texas refineries clustered east of Houston, around Port Arthur...”

“...On completion the project will increase the total capacity of the Keystone pipeline to 1.1 million bpd.”

(From http://www.hydrocarbons-technology.com/projects/keystone_pipeline/)


51 posted on 03/06/2012 10:45:35 PM PST by OHelix
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