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Of course now the "Source Of This Information" will immediatlly be attacked and ridiculed by "The Polar Bear Loons"
Offshore Drilling in Alaska Could Create 50,000 New Jobs Per Year
By Steve Everley on February 25, 2011 10:53 AM
Drilling for oil and gas off Alaska's coast could create more than 50,000 new jobs per year, in addition to producing more than 10 billion barrels of oil and 15 trillion cubic feet of natural gas.
That is the conclusion of a new study [PDF] from the University of Alaska at Anchorage and Northern Economics, Inc. The study also notes that developing Alaska's offshore resources would generate more than $160 billion in new federal government revenue and tens of billions of dollars for state and local governments.
In addition to the massive economic benefits, developing Alaska's offshore resources could substantially reduce America's dependence on foreign energy... more » Drill Here, Drill Now, Pay Less | American Solutions
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Harry Boy (Genius)
In The Absence Of Law And Order Society Will Surely Destroy Itself
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Exxon and Mobil sell to company distributors. They did sell franchises up until 2008 but then got out of it.
I don't think that means that independent gas station owners don't buy gas from Exxon or Mobil or advertize their products, does it?
Friday, June 13, 2008
Exxon Mobil said yesterday it would sell off the 820 U.S. gasoline stations it operates and the land it owns under 1,400 additional franchise stations but hopes to keep selling its brands of gas by getting company distributors to acquire the stations.
Consumers aren't likely to notice any outward difference in the stations, and about 9,200 other Exxon Mobil stations will not be affected. Those stations are owned and operated by distributors, who deliver fuel and often own several stations.
But it will mean the end of small independent gasoline station operators such as Sohaila Rezazadeh, who owns an Exxon franchise in Oakton but pays rent to Exxon, which owns the land
Good question. From what I've read, there aren't any small independent Exxon or Mobile gas stations. Now maybe an independent owner can buy gas from them, but can't call his station "Exxon or Mobile".
If that's the case, "Joe's Service Station" may indeed sell their gasoline, but it wouldn't be called "Joes Exxon Service Station"...so he wouldn't be affected by a boycott.
I'd just love to see a mass boycott of a mega-corp. happen just to see how much we can influence what they do.
__________________ "No one walking this earth knows what is truly righteous"
Of course now the "Source Of This Information" will immediatlly be attacked and ridiculed by "The Polar Bear Loons"
Offshore Drilling in Alaska Could Create 50,000 New Jobs Per Year
By Steve Everley on February 25, 2011 10:53 AM
Drilling for oil and gas off Alaska's coast could create more than 50,000 new jobs per year, in addition to producing more than 10 billion barrels of oil and 15 trillion cubic feet of natural gas.
That is the conclusion of a new study [PDF] from the University of Alaska at Anchorage and Northern Economics, Inc. The study also notes that developing Alaska's offshore resources would generate more than $160 billion in new federal government revenue and tens of billions of dollars for state and local governments.
In addition to the massive economic benefits, developing Alaska's offshore resources could substantially reduce America's dependence on foreign energy... more » Drill Here, Drill Now, Pay Less | American Solutions
Ok, I'm not going to get into if the source is valid... let's just break down the numbers.
160 billion is over a 50 year period according to the document, and according to the document, the number is only actually 72 + 15 + 4 = 91 billion over 50 years. But lets go with 160 billion.
That equates to $3,200,000,000 a year or 3.2 Billion a year.
There are 2 locations Proposed:
Quote:
Beaufort Scenario:
Production assumes first oil in 2019 and first gas in 2029, with seven fields producing a total
cumulative volume of about five billion barrels of oil through 2045 and seven trillion cubic feet of
gas through 2057.
The document says: 5 billion barrels from 2019 to 2045
That means 26 years of drilling, which equates to: 526,870 barrels a day.
Quote:
Chukchi Scenario
Production assumes first oil in 2022 and first gas in 2036, with four fields producing a total
cumulative volume of 4.8 billion barrels of oil and 7.8 trillion cubic feet of gas through 2057.
The document says: 4.8 billion barrels from 2022 to 2057
That means 35 years of drilling, which equates to: 375,733 barrels a day.
With both of these in place, and producing Oil, were looking at a total addition of 902,603 barrels of oil a day.
That means, in roughly 15 years, you will add 7% more oil on the market. Not bad, but considering that Oil demand will exceed that within 10 years, your net effect is probably 0.
Or let's assume no increase in oil demand over the next 10 - 15 years, you can assume a 7% reduction in Oil prices. Current Price per Gallon is $3.20 a gallon, Your looking at $2.97 per gallon.
The NET Effect of opening up those Oil Reserves, really accomplishes nothing. The end result still is we need to focus on finding an alternative.
Would you not agree? Honestly, do the math, how can you not agree that we need to find something else?
Oh and this walk through doesn't even take into account the reduction of production levels in oil fields which are on the down side of their production... the 7% increase of these 2 fields may simply be the amount needed to offset the losses in production from older fields over the next 10-15 years.
In summation, the only real solution is to find an alternative, or find another MAJOR oil field like the one Saudi Arabia has been pumping for the past 40 years. These small-ish ( compared to the oil fields we rely on ) are a drop in the bucket to what we need to solve our Energy issues.
Now Harry, I used your document, so I expect you to review the information I presented and give me your honest opinion on how that drilling will truly help and not simply push the problem down the road 10 years.
Last edited by mcgraw_wv; 02-28-2011 at 10:24 AM..
Ok, I'm not going to get into if the source is valid... let's just break down the numbers.
160 billion is over a 50 year period according to the document, and according to the document, the number is only actually 72 + 15 + 4 = 91 billion over 50 years. But lets go with 160 billion.
That equates to $3,200,000,000 a year or 3.2 Billion a year.
There are 2 locations Proposed:
The document says: 5 billion barrels from 2019 to 2045
That means 26 years of drilling, which equates to: 526,870 barrels a day.
The document says: 4.8 billion barrels from 2022 to 2057
That means 35 years of drilling, which equates to: 375,733 barrels a day.
With both of these in place, and producing Oil, were looking at a total addition of 902,603 barrels of oil a day.
That means, in roughly 15 years, you will add 7% more oil on the market. Not bad, but considering that Oil demand will exceed that within 10 years, your net effect is probably 0.
Or let's assume no increase in oil demand over the next 10 - 15 years, you can assume a 7% reduction in Oil prices. Current Price per Gallon is $3.20 a gallon, Your looking at $2.97 per gallon.
The NET Effect of opening up those Oil Reserves, really accomplishes nothing. The end result still is we need to focus on finding an alternative.
Would you not agree? Honestly, do the math, how can you not agree that we need to find something else?
Oh and this walk through doesn't even take into account the reduction of production levels in oil fields which are on the down side of their production... the 7% increase of these 2 fields may simply be the amount needed to offset the losses in production from older fields over the next 10-15 years.
In summation, the only real solution is to find an alternative, or find another MAJOR oil field like the one Saudi Arabia has been pumping for the past 40 years. These small-ish ( compared to the oil fields we rely on ) are a drop in the bucket to what we need to solve our Energy issues.
Now Harry, I used your document, so I expect you to review the information I presented and give me your honest opinion on how that drilling will truly help and not simply push the problem down the road 10 years.
You do know I'm a stupid Truck Driver, my calculations tell me we should have drilled for Oil 15 years ago, we would be burning it today, we have to do something in order to be able to tell those f-cking Arabs to shove their oil up their ass.
I can't under stand why we have never drilled for our own, we need oil almost as much as we need food, Al Gore needs oil.
__________________
Harry Boy (Genius)
In The Absence Of Law And Order Society Will Surely Destroy Itself
You do know I'm a stupid Truck Driver, my calculations tell me we should have drilled for Oil 15 years ago, we would be burning it today, we have to do something in order to be able to tell those f-cking Arabs to shove their oil up their ass.
I can't under stand why we have never drilled for our own, we need oil almost as much as we need food, Al Gore needs oil.
Right, the point I am making, and most have before... We used to be the middle east... in the 50s and 60s we drilled for our own Oil, and since oil is NOT a renewable energy source, we quickly used up the amount of American oil production.
The 70s was a tipping point of when American produced Oil was on the decline, and our reliance of Middle East Oil was ramping up, and then the Oil Embargo happened... We simply no longer have the Oil reserves to feed our country need of Oil.
Its simply not there any more, not even 15 years ago.
America produces something like 4% of the oil being produced today, yet we consume 25% of all Oil Produced world wide.
You can't Drill your way out of that problem... Not to mention, that there simply is no more oil in America to produce... Back in the day, we had Oil everywhere... now... it's gone. It doesn't just come back.
Right, the point I am making, and most have before... We used to be the middle east... in the 50s and 60s we drilled for our own Oil, and since oil is NOT a renewable energy source, we quickly used up the amount of American oil production.
The 70s was a tipping point of when American produced Oil was on the decline, and our reliance of Middle East Oil was ramping up, and then the Oil Embargo happened... We simply no longer have the Oil reserves to feed our country need of Oil.
Its simply not there any more, not even 15 years ago.
America produces something like 4% of the oil being produced today, yet we consume 25% of all Oil Produced world wide.
You can't Drill your way out of that problem... Not to mention, that there simply is no more oil in America to produce... Back in the day, we had Oil everywhere... now... it's gone. It doesn't just come back.
Well, looks like we're screwed, give the Sheiks what they want or feeze to death, no wonder Obama "bows to them" and "Bush kisses them"
__________________
Harry Boy (Genius)
In The Absence Of Law And Order Society Will Surely Destroy Itself
Right, the point I am making, and most have before... We used to be the middle east... in the 50s and 60s we drilled for our own Oil, and since oil is NOT a renewable energy source, we quickly used up the amount of American oil production.
The 70s was a tipping point of when American produced Oil was on the decline, and our reliance of Middle East Oil was ramping up, and then the Oil Embargo happened... We simply no longer have the Oil reserves to feed our country need of Oil.
Its simply not there any more, not even 15 years ago.
America produces something like 4% of the oil being produced today, yet we consume 25% of all Oil Produced world wide.
You can't Drill your way out of that problem... Not to mention, that there simply is no more oil in America to produce... Back in the day, we had Oil everywhere... now... it's gone. It doesn't just come back.
"If" we ever discover a mega-reserve in US territory, I'd like 100% of it to be "For US citizens only"....
__________________ "No one walking this earth knows what is truly righteous"
Well, looks like we're screwed, give the Sheiks what they want or feeze to death, no wonder Obama "bows to them" and "Bush kisses them"
You may think your joking, but I am not sure your too far from the truth.
WE ARE SCREWED, if we want to continue to be an Oil Based Economy. The sad thing is, Solar, Wind, etc... nothing comes close to the energy output of Oil. So, to move forward as a society, we need to use less energy, and slow down... the economy must slow down, we can't grow forever, we physically can't. This isn't left vs right, this is math.
Re: Gas prices: would this work?
Linear Mode
