Wednesday, May 03, 2006

ANWR Drilling

Nothing has changed even with the rise in price according to the USGS in their latest report on ANWR potential as an oilfield. Five to 10 billion barrels is the range, and the cost to get it is high in more ways than one. My concern is wildlife. The oil is a drop in the bucket compared to what we use and current development of 2/3 of the north slope has done nothing to quell oil prices. Neither would this. Some things never change, but climate isn't one of them.

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