Monday, April 26, 2010

How much of Oil reserves do Americans own in Alaska ?

In fact, we own ALL the reserves in Alaska, and by charter, all the reserves that get tapped must be sold only in the US. The fact that Alaska can only produce a bit less than 20% of the US demand for oil has to do with the accessibility of the oil. Even if we were to tap the ANWR reserves, it would take 10 to 20 years to achieve capacity production, and we would STILL only be able to maintain about 20% of CURRENT US oil needs (Prudhoe Bay/North Slope production has been on a decline since the 1980s, only a decade after the pipeline was built!), and said production would only last another 20-30 years.How much of Oil reserves do Americans own in Alaska ?
We are going to be so far in debt,that china will end up owning the biggest %. I'm not going to live long enough to see the worst of things to come. Young people open up your eyes. I've raised my children with the old skills of survival. Hunting, fishing, growing a garden and canning food. Even on an open fire they know how to cook and can. To all the Grandma's out there please pass this skills down to the next generation. Off the point a little.sorry.How much of Oil reserves do Americans own in Alaska ?
None, Mr. O gave it to the Chinese. Hillary took it (the writ) to them shortly after the election.
Enough so that we don't have to depend on foreign oil or double what we currently pay for energy. http://katrinasthoughts-katrina.blogspot鈥?/a>
Sarah Palin is a greedy corrupt female.

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