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Originally Posted by ronfish
I agree with you about our using more than we can produce but if we built some new refineries in other areas then we could keep the Alaskan oil here rather than ship it to Japan for refining. Plus why put all our eggs(refineries) in one basket(Gulf coast) when everytime you turn around they have to shut down for another hurricane and its damage!
Another item everyone who's posted seems to forget- most of the gas engines can be made, at the factory, to use fuel more efficiently if the auto makers wanted to. I was looking tobuy a new truck in the near future but I am not too crazy about the gas mileage the new ones are getting. so looks like I'll have to hang on to the one I have for awhile longer. Ron
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Even if we refined Alaskan crude here it would barely effect anything at the pump. A couple cents in a best case scenario, which of course doesn't really matter right now. And you wouldn't see that benefit for at least a decade.
10 billion barrels of oil (best case scenario for Alaska, it could easily be less) isn't much to get excited about since we use 7 billion barrels a year.