There is just as much, if not more, oil beneath the frozen tundra of ANWR, than in the entire Gulf of Mexico. You've not seen seismic data on areas not leased for oil exploration, as it's pointless to obtain data on areas off limits.
No, I haven't seen the seismic for ANWR, but it does exist. It old, crappy 2-d seismic, but it's been reprocessed for the latest USGS reserve update. The management and geoscientists I knew working the north slope never seemed to think ANWR was some kind of awesome panacea - they didn't really see it as a world-class opportunity. But they wouldn't say no if you opened it for drilling, there could potentially be some cash to be made there. Drillers and oil men are never going to say no to any sort of opportunity to find oil and make a buck or two.
It is a fact, since 1981, we have offered huge incentives to the oil companies to drill out in deep water, away from our coasts... give you a guess as to who was behind that initiative? It is more expensive to drill in deep water, any half-educated moron should be able to understand that, and the only reason it is preferable over shallow water drilling, is the incentives offered by the Feds, there are plenty of cheaper alternatives.
Wrong professor. They drill the deep water because the fields are enormous and potentially highly lucrative. The size of the reserves, the pressure connectivity of the sands, and the production rates blow away most shallow water fields and onshore fields.
Riddle me this batman....if the government bureaucrats and dolphin-hugging liberals are too blame for incentivizing and supposedly "forcing" oil companies to drill the Gulf deep water, then why was my multinational company and every other one on the planet, also drilling the deep water off Nigeria, Angola, Brazil, Equatorial Guinea, Trinidad, Norway, the UK, and numerous other places?
Is there some grand, worldwide conspiracy to drive oil companies out into deeper waters to placate the tree huggers?
Or is it possible, just possible, that I know what i'm talking about, and the deep water offers potentially vast reserves and eye-popping profits to oil companies?
We report, you decide.
I am glad you agree with the conservative ideology, but this particular thing has nothing to do with Marxism, it's more a matter of common fucking goat sense. More regulation and restriction will not prevent another catastrophe, it didn't prevent this one. Destroying BP will not help the situation or clean up the mess.... and continual finger pointing by this administration, is not going to ever stop oil from gushing from the well. Nice to see you've come to your senses on these things, there may be hope for you Prissy!
No doubt. If you can get the GOP to run on a platform of wholesale deregulation of the oil industry, of wall street, banks, and get the GOP to proclaim publicly to americans that our safety and environmental laws do not need to be enforced - i.e., the Captains of Industry can be trusted to self regulate - I just might vote republican! Get to it, man!