ANWR
The Associated Press

Drill, drill on the range?

Featured Topic | Posted 2 weeks 1 day ago

Is it time to start oil drilling in the Arctic National Wildlife Refuge?

It's a never-ending debate. Republicans say Alaska's Arctic National Wildlife Refuge should be opened for oil drilling to help America achieve energy self-sufficiency. Democrats and environmentalists say there's not enough oil in ANWR to achieve that goal -- and certainly not enough to make it worth the environmental damage.

But with the price of gasoline shooting up, President Bush made another pitch for ANWR drilling this week.

The Energy Department, Bush said, estimates the wildlife preserve could yield a million barrels of oil a day — enough to make 27 million gallons of gasoline and diesel fuel. "That would be about a 20 percent increase of ... crude oil production over U.S. levels, and it would likely mean lower gas prices," Bush said. "And yet such efforts to explore in ANWR have been consistently blocked."

Should drilling begin in ANWR?

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Ben likes: Start drilling

Robert J. Samuelson/Washington Post

It's hard for the United States to complain that other countries limit access to their reserves when we're doing the same. If higher U.S. production reduced world prices, other countries might expand production. What they couldn't get from prices they'd try to get from greater sales.

On environmental grounds, the alternatives to more drilling are usually worse. Subsidies for ethanol made from corn have increased food prices and used scarce water, with few benefits. If oil is imported, it's vulnerable to tanker spills. By contrast, local production is probably safer. There were 4,000 platforms operating in the Gulf of Mexico when hurricanes Katrina and Rita hit. Despite extensive damage, there were no major spills, says Robbie Diamond of Securing America's Future Energy, an advocacy group.

Perhaps oil prices will drop when some long-delayed projects begin production or if demand slackens. But the basic problem will remain. Though dependent on foreign oil, we might conceivably curb the power of foreign producers. But this is not a task of a month or a year. It is a task of decades; new production projects take that long. If we don't start now, our future dependence and its dangers will grow. Count on it.

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Joel likes: The president's one-track mind

Steve Benen/The Carpetbagger Report

I know we’ve been down this road before, but since it’s been a while, and in light of Bush’s emphasis on ANWR, it’s probably worth keeping a few details in mind that the president neglected to mention.

"Drilling in ANWR would likely produce only 3.2 billion barrels of oil, according to the U.S. Geological Survey, not even enough to satisfy six months’ demand; oil would not begin to reach the market for another 10 years; and it would take 50 years to extract the full amount. For this pittance, the House leadership and the administration are willing to disturb hundreds of acres of pristine wildlife habitat."

I’d just add that the NYT reported a while back that oil companies are now “largely uninterested in drilling” in Alaska’s Arctic National Wildlife Refuge, because “any oil from the refuge would meet only a tiny fraction of America’s needs.”

My hunch is, the White House wanted to a) look like they were offering a proposal to address the gas-price problem; and b) try to pin high prices on congressional Democrats. I’d be surprised if anyone really fell for this nonsense, but given the president’s enthusiasm, it’s worth setting the record straight.

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