Wednesday, March 16, 2005
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Barking Dingo is the political thought diary of of staunch, staunch moderate (ok, leaning a little to the left). I am a recovering McCain 2000 supporter who is now ashamed to have ever touted his virtues
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3 comments:
For real?
What's the rationale behind that? And the source of that info?
I was listening to the floor debates in the senate. The oil goes on the open market and the presidents own economic advisers report that due to the rise in china's oil consumption, more oil will go overseas than will stay in the US. So, this makes the impact on the market even less negligable than reported. The impact is on the world markets, not US.
And what's so incredibly damn stupid about this whole thing is that estimates from the Sierra Club to the evidently big-oil backed anwr.org folks show that fully tapping ANWR would only provide enough oil (best case) to last the U.S. about a year to a year and half! And it would take 10 years before we saw a drop of that oil anyways!
It would not reduce our dependence on foreign oil by any appreciable margin for any appreciable time.
As I heard someone opine on MPR (Minnesota Public Radio) today, the Republicans operate from a "supply-side" mentality (just find more oil), while the Dems are preaching the demand side (let's find ways to reduce our dependence). Hmmmmm, I wonder if it's because searching for more oil here would provide a temporary boost to the oil industry folks and the local economy (emphasis on temporary)? No, that's just too cynical of me...
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