Originally Posted by Lehesu
Problem is, it does have environmental reprecussions. Does anyone believe, for even a second, that big oil is just going to tip-toe through the area, gently caress the oil out of the ground and than leave with nary a trace? This is a free-market with little govt regulation on such activities and so the bottom line determines the process. Anybody who has compared the before-after of Alaskan oil zones will agree that there is a difference. And, in addition, the oil up there has to be refined even further beyond normal practices. Not only is the oil amount insufficient to put a dent in our usage, but the oil itself is more expensive to make available to the market.
Also, we say we want to drill in order to lower oil prices. What companies in Alaska have done in the past is actually take the oil and sell it abroad, to nations like Japan, to get top dollar. Unless there is some kind of regulation, I doubt America will be seeing 100% of the ANWR oil.