Deep Integration And Canadian Oil

Posted on Monday, May 16 at 15:13 by sthompson
The U.S. consumes almost 20 million barrels of oil a day, of which about 10.5 million is imported. The most optimistic estimates put the ANWR output in the 600,000 to 900,000 barrels-per-day range, but only seven to 12 years after initial development begins. The U.S. Geological Survey estimates that the total amount of "technically recoverable" oil in the ANWR is, at the low end, approximately five billion barrels. This is roughly 10 month's national consumption at current rates.

If, as the U.S. Environmental Protection Agency has noted, the fuel efficiency of vehicles in general were to be increased by a mere three miles per gallon, this alone would result in a savings of one million barrels of oil per day. The 2001 Bush-Cheney Energy Plan also noticed this, but quietly. After all, one of the first things they did when coming to office was rescind the new mile-per-gallon targets Clinton's administration had set for the auto industry. George W. Bush also reduced the Energy Department's energy-conservation budget by $227 million.

All of this could have some big repercussions on future discussions of Canadian sovereignty.

Full article: Bush's Canadian Fans Get Big Idea on Oil

Note: Bush's Canadian Fans Ge... Bush's Canadian Fans Ge...

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Comments

  1. Tue May 17, 2005 4:50 pm
    Why should we be concerned that drilling may occurr in the high arctic?

    Other than it's potential for ecological disaster (the arctic is more sensitive than most ecological systems), there are lives at stake. The area where this drilling is to ocurr is the prime birthing area for caribou. That caribou herd is the prime source of food for many arctic residents in the Yukon and NWT. If the herd disappears, these people will starve.


    ---
    "If you must kill a man, it costs you nothing to be polite about it." Winston Churchill



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