Wednesday, December 14, 2005
From an AP story by Tarek El-Tablawy:NEW YORK -- Alaskan North Slope crude oil production, once heralded as a domestic mother lode, has hit a new output low -- embodying the precarious balance confronting the United States as it struggles for energy security in an era of volatility in the
international oil market.
1 comments:
A member of the Madison Peak Oil Group noted the minimal impact of ANWR oil:
The AP article says 10 billion barrels in ANWR. At worldwide consumption rate (1000 barrels per SECOND), that's 4 months.
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