With the Dow Down 250 and $100 a barrel oil are we willing to drill in Alaska Now?

If not how will you ber able to buy gas or food?





It's going to be getting good here soon, but I have survived all these other crisis.





What do you think the economy is going to do in the next 6 months to a year?With the Dow Down 250 and $100 a barrel oil are we willing to drill in Alaska Now?
Not likely with Dems in control of both Houses of Congress!





Things will continue to head south...With the Dow Down 250 and $100 a barrel oil are we willing to drill in Alaska Now?
The majority of Alaskan crude is exported to other countries (not used in the USA). It is cheaper to import sweet light crude oil from the middle east and refine it in the USA than import heavy crude from Alaska and refine it in the USA. (The oil cost the same per barrel regardless of where it comes from and sweet light crude costs less to refine). Alaska crude is closer to Asia than it is to USA refineries in the gulf states so Asia buys it.





Currently Alaskan oil fields are operating at 20% capacity and the pipeline is at 100% of capacity.





Alaska is trying to increase natural gas production, not crude oil production.





How would more drilling help the USA? USA refineries can't refine Alaskan crude, it costs more to transport, it's purchased by our economic adversaries, and our current oil fields are way below their production potential? It's not a matter of environmentalists vs republicans, it's common sense that you would increase production at current sites before constructing infrastructure in the middle of nowhere to drill oil that you have no way to transport to market. And even if you could it wouldn't be purchased by US refineries.
And after Alaska's drained and oil is back to $100/barrel, what then?


More drilling is not the answer.
I've been pushing for drilling in Anwar for years - it's those lobotomized liberals who won't allow it.
No. We need more fuel efficient cars and alternative energy. Not more oil. Its ian obsolete and expensive source of energy. Wen will you people get out of the 19th century? This is 2008 and you want to stick with a technology that was invented in the 1800s.
i predict the economy will hold until a new president gets in office and then we will hit a deep recession.


personally i will walk more and eat less. i have 10lbs i want to trim off and $4 a gallon gas will help motivate me.
I'm not sure about our future fuel sources and/or economy. ..


Still processing everything.





But I think we need to get going on this corn fuel (lol)


and maybe start buying some sugar cane fuel from Brazil





Force all of the car makers to make fuel tanks for used


cooking oil or other fuel types and also be able to convert our


current vehicles to electric.

lips