President Bush wants to cross one last thing off his “To Do List” before he retires from the Oval Office. His list of conquests is a long one, but one thing still remains, and that is to keep his promise of opening up the Alaska National Wildlife Refuge for oil exploration and drilling.
During a duck and dodge session today in the Rose Garden, Bush accused Congress of blocking his proposals to deal with rising gas prices. Lacking any ideas from himself on how to tackle the problem, he said he was “open to any ideas.” Its funny that he would ask for ideas, because I highly doubt he would listen to them anyway, because he already has an idea. An idea that he, and his oil buddies thought of long long ago, and that is to punch holes all over the ANWR looking for gushers.
“If there was a magic wand to wave, I’d be waving it, of course. But there is no magic wand to wave right now. It took us a while to get to this fix.”
So in other words, Bush’s magic wand lies somewhere in the ANWR, and he wants to put a ‘fellowship of the wand’ together to go look for it! The Fellowship of course will be headed by himself, along with the energy companies that took part in Gollum’s Cheney’s secretive task force.
Bush declared that there is inadequate oil output which is not keeping up with the demand for oil is the cause of rising prices at the pumps, and that opening the ANWR to exploration would solve the problem lickity split!
“We should have been exploring for oil and gas in ANWR. But, no, we made the decision and our Congress kept preventing us from opening up new areas to explore in environmentally friendly ways and now we’re becoming, as a result, more and more dependent on foreign sources of oil.”
First of all, we have been dependent on foreign sources of oil for a long time now, and until we as a people reduce our need/usage of oil, we will always be dependent on foreign sources of oil.
Here’s what the Energy Information Administration has to say about drilling in the ANWR. They estimated that if Congress had cleared Bush’s ANWR drilling plan the oil would have been available to refiners in 2011, but only at a small volume of 40,000 barrels a day — a drop in the bucket compared with the 20.6 million barrels the U.S. consumes daily. Even then they say, that by 2020 at peak production the fields in the ANWR could have potentially added 780,000 barrels a day to U.S. crude oil output.
Bottom line is, as long as we keep consuming 20.6 million barrels of oil a day, we will continue to pay through the nose for it. Even if ANWR is opened up for exploitation by the ‘Fellowship’ it’s piddly contribution to the bucket will have minimal impact on the price of oil.
Even experts agree that Bush is wrong in his claims that the reason for the skyrocketing fuel cost you and I must pay is inadequate production. David Weiss, an energy expert at the Center for American Progress sums it up nicely:
“A cheap dollar, high demand from China and India, and speculators driving the price up. Drilling and sullying the Arctic would not address any of these causes of high oil prices.”
So Bush’s claims that ‘environmentally friendly’ (if there is such a thing) oil exploration and drilling in the ANWR will be a long term solution to the county’s energy problems, is just flat out false. Drilling in the ANWR will however make good on his promise to the big oil companies, which in turn will make the “Fellowship’s” profit margins look real good for many years to come.
The only long term solution to our energy problems, are looking for ways to become less dependent on oil, regardless if it comes form our backyard or the Saudi’s.
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