February 24, 2011 - 8:56 am
Oil hits all time high since August 2008 at $120/barrel. We could be facing a double dip recession. Why aren’t we talking about ANWR? Open that baby up! Republicans: You heard it here!
Oil hits all time high since August 2008 at $120/barrel. We could be facing a double dip recession. Why aren’t we talking about ANWR? Open that baby up! Republicans: You heard it here!
Ten years ago when we were discussing ANWR, the left was saying, “it will take ten to twenty years to develop it, it won’t help us with oil prices now”. Yeah, well if we had started drilling then, we would be producing by now. But as it is, we’re still ten years away. Although it really doesn’t take that long if you leave out the gov’t red tape and environmentalist law suits.
ANWR? We’re still not doing any offshore drilling thanks to the antics of the Obama administration.
It’s simple:
1. Tap the 200+ BILLION barrels in the Bakken Oil Formation in Montana, North Dakota and South Dakota (every geologic report in the past five years has increased the estimated usable oil contained in this one oil field).
2. Restart drilling in the Gulf.
3. Restart/expand drilling in the Pacific.
4. Then, tackle ANWR.
Instant side effect: US-based oil AND US-based jobs to fuel US-based companies and US households. How hard is that to figure out?