What about increasing Alaskan oil field production to supplement US oil production and bring down gas prices?

Using more Alaskan oil will not change the price of gas. It is the oil companies that are causing such outrageous prices. Exxon-Mobil reported record profit last year somewhere in the neighborhood of $35B which is the most profit any company has earned in a single year EVER (they were named Forbes most profitable company for 2005). If their supplies were low or they had problems with their refining as they blame on Katrina they would not be able to create such a large profit margin. They are simply raising the prices that they sell it for because they know that they can blame it on other factors and we will still buy the fuel.What about increasing Alaskan oil field production to supplement US oil production and bring down gas prices?
The tree huggers have been blocking this idea for years. Now we are paying the price for saving some stupid tse tse fly or some such worthless bug.What about increasing Alaskan oil field production to supplement US oil production and bring down gas prices?
It's a good idea, however, the tree-huggers will throw a fit and a half about it.





Also, most of the oil from Alaska gets immediately shipped to Japan under an agreement made by the Carter administration.
that would make way to much since
For which company are you working for?
Most of what's already coming out of Alaska goes straight to other countries. having been preordered months or years in advance. Some countries like japan have contracts to just ship it no matter the cost!


There's more than enough oil coming out of the pipe to easily handle all the US needs but some laws would need to be changed to redirect that flow to only us.


No the current problem is stations are being forced to add ethanol to gasoline. Ethanol cant just be dropped in a pipeline it has to be trucked. so refiners have only a limited supply of it at any given time. That's all thanks to another new law for cleaner burning fuels.


That and a new major market ';China'; putting real pressure on demand. It's just going to drive costs up on everything.


Experts argue some major change is about to occur. once the price reaches $100.00 a barrel and people can no longer afford to heat their homes we could have a crash in the global markets...AKA s**t hits the fan...

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