Alaska oil reserves contain 1/10th the oil previously thought

2003TIDE

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Jul 10, 2007
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USGS: Less oil in Alaska reserve than once thought  | ajc.com


Interesting article esp since a lot here say drilling for oil there will help our oil problem. The article states drilling there is actually down because they are not finding oil but instead finding natural gas which isn't as profitable.

Personally i think T. Boone Pickens is right and we should go ahead and us natural gas as a bridge to get us from oil to renewable sources of energy.
 

AllTide

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Personally i think T. Boone Pickens is right and we should go ahead and us natural gas as a bridge to get us from oil to renewable sources of energy.[/QUOTE]

+1
 
I

It's On A Slab

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But-but-but-but, if we could only drill for oil in the Refuge, all of our problems would be solved, and my Hummer's 75 gallon tank would overfloweth.
 

disneybama

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Much better to leave natural resources in the ground and send money to other countries.
Well, since the money is just created out of thin air, this is probably true. The country with the most oil in 30 years will be very powerful.
 

bamanut_aj

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USGS: Less oil in Alaska reserve than once thought .| ajc.com


Interesting article esp since a lot here say drilling for oil there will help our oil problem. The article states drilling there is actually down because they are not finding oil but instead finding natural gas which isn't as profitable.
and if these findings are accurate, we now know otherwise and can act/react accordingly. Isn't that how things work? Once you find out something isn't going to work like you hoped, you do something else?