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Drill here. Drill now. Drill ANWR.To pay less, save the environment, and enhance securityJuly 2, 2008 by CFACT "We can't drill our way out of our energy problem." This daily mantra underscores an abysmal grasp of economics by the politicians, activists, bureaucrats and judges who are dictating US policies. If only their hot air could be converted into usable energy.
Drilling is no silver bullet. But it is vital. It won't generate overnight production. But just announcing that America is finally hunting oil again would send a powerful signal to energy markets … and to speculators – many of whom are betting that continued US drilling restrictions will further exacerbate the global demand-supply imbalance, and send "futures" prices even higher. Pro-drilling policies would likely bring lower prices, as did recent announcements that Brazil had found new offshore oil fields and Iraq would sign contracts to increase oil production. Conversely, news that supplies are tightening – because of sabotage in Nigeria's delta region, or more congressional bans on leasing – will send prices upward. One of our best prospects is Alaska's Arctic National Wildlife Refuge, which geologists say contains billions of barrels of recoverable oil. If President Clinton hadn't bowed to Wilderness Society demands and vetoed 1995 legislation, we'd be producing a million barrels a day from ANWR right now. That's equal to US imports from Saudi Arabia, at $50 billion annually. Drilling in ANWR would get new oil flowing in 5-10 years, depending on how many lawsuits environmentalists file. That's far faster than benefits would flow from supposed alternatives: devoting millions more acres of cropland to corn or cellulosic ethanol, converting our vehicle fleet to hybrid and flex-fuel cars, trying to build dozens of new nuclear power plants, and blanketing thousands of square miles with wind turbines and solar panels. These alternatives would take decades to implement, and all face political, legal, technological, economic and environmental hurdles. ANWR is the size of South Carolina. Its narrow coastal plain is frozen and windswept most of the year. Wildlife flourish amid drilling and production in other Arctic regions, and would do so near ANWR facilities. Inuits who live there know this, and support drilling by an 8:1 margin. Gwich'in Indians who oppose drilling live hundreds of miles away – and have leased and drilled nearly all their own tribal lands, including caribou migratory routes. Drilling and production operations would impact only 2,000 acres – to produce 15 billion gallons of oil annually. Saying this tiny footprint would spoil the refuge is like saying a major airport along South Carolina's northern border would destroy the entire state's scenery and wildlife. Anti-drilling factions also assert: "US energy prices are high, because Americans consume 25% of the world's oil, while possessing only 3% of its proven oil reserves." Possession has nothing to do with prices – any more than owning a library, but never opening the books, improves intellectual abilities; or owning farmland that's never tilled feeds hungry people. It is production that matters – and the United States has locked up vast energy resources. Not just an estimated 169 billion barrels of oil in the Outer Continental Shelf, Rockies, Great Lakes, Southwest and ANWR – but also natural gas, coal, uranium and hydroelectric resources. "Proven reserves" are resources that drilling has confirmed exist and can be produced with current technology and prices. By imposing bans on leasing, and encouraging environmentalists to challenge seismic and drilling permits on existing leases, politicians ensure that we will never increase our proven reserves. In fact, reserves will decrease, as we deplete existing deposits and don't replace them. The rhetoric is clever – but disingenuous, fraudulent and harmful. The Geological Survey and Congressional Research Service say it's 95% likely that there are 15.6 billion barrels of oil beneath ANWR. With today's prices and technology, 60 percent of that is recoverable. At $135 a barrel, that represents $1.3 trillion that we would not have to send to Iran, Russia, Saudi Arabia and Venezuela. It means lower prices and reduced risks of oil spills from tankers carrying foreign crude. It represents another $400 billion in state and federal royalties and corporate income taxes – plus billions in lease sale revenues, plus thousands of direct and indirect jobs, in addition to numerous jobs created when this $1.7 trillion total is invested in the USA. It means additional billions in income tax revenues that those jobs would generate, and new opportunities for minority, poor and blue collar families to improve their lives and living standards. It means lower prices for gasoline, heating, cooling, food and other products. That's just ANWR. Factor in America's other locked-up energy, and we're talking tens of trillions of dollars that we either keep in the United States, by producing that energy … or ship overseas. This energy belongs to all Americans. It's not the private property of environmental pressure groups, or of politicians who cater to them in exchange for re-election support. This energy is likewise the common heritage of mankind. Politicians and eco-activists have no right to keep it off limits – and tell the rest of the world: We have no intention of developing American energy. We don't care if you need oil, soaring food and energy prices are pummeling your poor, or drilling in your countries harms your habitats to produce oil for US consumers. Those attitudes are immoral and intolerable. It shows disdain for the world's poor. And it's bad for the global environment. It's time to drill again here in America – onshore and off, in Alaska and the Lower 48 – while conserving more and pursuing new energy technologies for the future. Paul Driessen is senior policy advisor for the Committee For A Constructive Tomorrow and Congress of Racial Equality and, and author of Eco-Imperialism: Green power -- Black death.
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Obama is crippling energy developmentSaving lives with coalEurope looks north for energy, US shuts its doorsExperts weigh in on supply vs speculation debateDrill here. Drill now. Drill ANWR.House remains off-mark with off-shore moratoriumS. African technology to reenergize nuclear power?Oil now and oil tomorrowSizing up the Energy BillAssessing the impact of Chernobyl on children |
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U.S. meat production per acre has doubled since 1970, largely due to pesticides, veterinary chemistry, and better plant breeding... { from Giving up meat to Save the Planet? } How do you turn something as plentiful as grass into food? Feed it to cows and have a B.B.Q.! U.S. meat production per acre has doubled since 1970, largely due to pesticides, veterinary chemistry, and better plant breeding... { from Giving up meat to Save the Planet? } Scientific "consensus" and other shady sales tactics promote alarmist theories... { from Global warming bait-and-switch } Scientific "consensus" and other shady sales tactics promote alarmist theories... { from Global warming bait-and-switch } |
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Eco-terrorism hits Maryland: 'Inconvenient Terrorist' latest in long line
Inconvenient terrorist James Lee who was shot and killed by a SWAT team in the Discovery Channel Building in Silver Spring, Maryland, is the latest of a long line of eco-terrorists
An Inconvenient Terrorist
Armed eco-terrorist who experienced an “awakening” by watching Al Gore's Inconvenient Truth was shot and killed after storming Discovery Channel Building. Radical manifesto condemns 'parasitic children' and human civilization, calling for sterilization and giving the planet back to the squirrels.
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Proposed windmill would cost $7 million, stand taller than the Statue of Liberty, and when the wind isn't blowing would need to be kept turning with electricity from a traditional plant in order to avoid mechanical failure.
End environmental experiments on Africans!
Environmentalists are using African parents and children in anti-DDT experiments. They are playing with our lives. So are the government agencies and others who support their policies. This is wrong and immoral. And it is only one of the ways they use Africans as experimental laboratory animals.
Prepare for an ice age!
"Little ice ages" are the flip side of the 1500-year warming cycle. We should take advantage of the favorable climate we are currently enjoying to increase research on high-yield agriculture, biotechnology, water conservation and other advances now only dreamt of.
Howard Stern: 'Bring back DDT!'
Stern argues that New York's bedbug problem is nothing compared to the millions dying from malaria in Africa, quoting extensively from an article by CFACT's Paul Driessen.
New York's bedbugs vs. Africa's malaria crisis
Our obsession with pesticide “risks” has very different consequences for America and Africa.
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Oysters kept the Bay clean in the past, but the EPA is ignoring this proven solution in favor of big government regulations.
New ethanol policy poses heavy cost for consumers
E15 ethanol mandates would bring huge benefits for ethanol producers at the expense of the rest of us.
Empowering the poor in the Yucatan jungle
Local villagers struggle to survive in Becan, but a new program promises to bring prosperity by unleashing their creativity and energy.
The global warming fleecing of the American taxpayer
The federal government has spent tens of billions of taxpayer dollars on research that has completely failed to affect temperatures or demonstrate an empirical link between human CO2 emissions and global warming.
Target: Monckton
Lord Monckton is under attack, a sure sign that he’s winning on warming. Monckton fights back and refutes Prof. Abraham.
New coal mine approved in Utah
In a victory for the nation’s beleaguered resources industry, Utah officials have approved a permit for a coal mine in their state.
EPA set to crack down on farm dust
Agency believes dust is a pollutant and wants to impose stringent limitations on the amount of dust farmers are allowed to kick up while plying their trade.
Climate Depot’s award hat trick
Marc Morano receives another award for his journalism covering the global warming movement.
Climate proposals threaten pursuit of happiness and justice
New study documents harmful effects of “cap-and-trade” and “endangerment” schemes.
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