Who says we can’t drill our way out of the oil crisis???
You may have seen these data floating around on a couple of blogs (Ace of Spades for one)
ANWR Exploration
House Republicans: 91% Supported
House Democrats: 86% OpposedCoal-to-Liquid
House Republicans: 97% Supported
House Democrats: 78% OpposedOil Shale Exploration
House Republicans: 90% Supported
House Democrats: 86% OpposedOuter Continental Shelf (OCS) Exploration
House Republicans: 81% Supported
House Democrats: 83% OpposedRefinery Increased Capacity
House Republicans: 97% Supported
House Democrats: 96% OpposedSUMMARY
91% of House Republicans have historically voted to increase the production of American-made oil and gas.
86% of House Democrats have historically voted against increasing the production of American-made oil and gas.
It makes the point that the Democrats are opposed to increasing domestic supply, but it does nothing to refute the idea that we can’t “drill our way out of the current shortage”, so to put things in perspective I added some numbers (I always went with the low estimate):
ANWR Exploration
House Republicans: 91% Supported
House Democrats: 86% OpposedBarrels - 4.3 billion
Coal-to-Liquid
House Republicans: 97% Supported
House Democrats: 78% OpposedBarrels - 4,768 billion
Oil Shale Exploration
House Republicans: 90% Supported
House Democrats: 86% OpposedBarrels - 3,300 billion
Outer Continental Shelf (OCS) Exploration
House Republicans: 81% Supported
House Democrats: 83% OpposedBarrels - 8.5 billion
Bakken Field
Barrels - 4 billion
Current US reserves (not including Bakken Field)
Barrels - 21 billion
Total Potential US Reserves
Barrels - 8105.8 billion
Current US consumption
Barrels - 21 million / day
Reserves in years (US Consumption only)
1057
Saudi Reserves (claimed)
Barrels - 260 billion
Reserves in years (US Consumption only)
39.2
Combined Reserves World Reserves not including the US (Claimed)
Barrels - 1115.7 billion
Reserves in years (US Consumption only)
168.6
Kind of puts things in a little different perspective huh?
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June 13th, 2008 at 8:43 pm
I’m glad I don’t have kids.
We’ll get through it. There have been all kinds of crises and paradigm shifts over the ages. There will be more. But at the same time, I’m glad I don’t have to worry much about it.