Global warming could cost billions

<div class='quotetop'>QUOTE(Wildkow @ Nov 3 2006, 11:00 PM) [snapback]343667[/snapback]</div>

Senior Kow, check out the following it's the logical rebuttal of the "follow the money" line of thinking.

 

<div class='quotetop'>QUOTE(tripp @ Nov 3 2006, 03:23 PM) [snapback]343539[/snapback]</div>

The amount of oil in ANWR is a subject of much controversy. We probably have to inflict severe damage on this sensitive ecosystem just to find out how much oil there is there. We'd have to put in a tremendous road and infrastructure system just to drill the exploratory wells.

 

<div class='quotetop'>QUOTE(daniel @ Nov 4 2006, 08:59 AM) [snapback]343765[/snapback]</div>

Yes, there is a wide range of values according to the USGS. The 95% case is that there are at least 5 billion recoverable barrels. The 5% case is that there about 15 billion. If I'm not mistaken, in the 50% (10.3 billion) the peak production rate is somewhere around 890K barrels per day.

When you look at it it's not a lot of oil. We consume about 7.3 billion barrels/yr (20.5 ish barrels per day). In the 50% case that's less than 5% of our "daily recommended value" of oil.... today. By the time we actually reach peak production it will be less because a.) our demand is increasing and b.) our reserves are diminishing. Better energy policy would have a much more significant impact on our oil issues than tapping ANWR. If nothing else we should save it in case we really need it.

 

Sounds like a lot of oil to me, from a single field. But how much will it cost in *real* terms to mine and use it ? Add up the subsidies and environmental costs, and plough the money into alternative energy.

 

<div class='quotetop'>QUOTE(EricGo @ Nov 4 2006, 12:34 PM) [snapback]343841[/snapback]</div>

Yeah it's a decent field (or is it a series of fields) but it won't lower the price of oil on the world market or innoculate us from foreign oil imports as many have suggested.

 

<div class='quotetop'>QUOTE(tripp @ Nov 3 2006, 11:04 PM) [snapback]343680[/snapback]</div>

OK ya young whipper snapper I know you meant Senor' as in the Etymology: Spanish señor, from Medieval Latin <strike>senior </strike> superior, lord, from Latin, adjective, <strike>elder</strike>. So I await your supplicatious apology or I will have to whip out my Spelling Nazi persona and give you a verbal thrashing that's really going to sting!

Senior Wildkow indeed! :lol:

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<div class='quotetop'>QUOTE(Wildkow @ Nov 4 2006, 03:05 PM) [snapback]343883[/snapback]</div>

Oh don't be so sensitive! I was too lazy to insert the bloody tilde.

 

<div class='quotetop'>QUOTE(tripp @ Nov 4 2006, 07:58 PM) [snapback]343985[/snapback]</div>

And the "i" what's up with that?!? :angry: I feel a "Spelling Nazi" triade coming on. :blink:

Wildkow

 

<div class='quotetop'>QUOTE(Wildkow @ Nov 4 2006, 08:56 PM) [snapback]344005[/snapback]</div>

Can I be of help here?

 

<div class='quotetop'>QUOTE(Wildkow @ Nov 4 2006, 09:56 PM) [snapback]344005[/snapback]</div>

what's a triade? Did you misspell tirade?

 

<div class='quotetop'>QUOTE(Dragonfly @ Nov 6 2006, 01:01 PM) [snapback]344628[/snapback]</div>