Alaska Oil?

[caglezxj]

This is a very interesting video. It is long but it amazes me why we have not yet started supplying are own oil.

http://video.google.com/videoplay?docid=3340274697167011147

Josh

[GRAZOR]

I'm not amazed at all why we have not drilled in ANWR.

We can't manufacture anything here any more because it might pollute the environment!

What do we do with all this oil we might find that needs to be refined in some other country because refineries are polluters?

How many Spotted Owls or Dickless tree frogs might get squished trucking the oil from the wells?

After oil hits $200/ barell and gas is costing us $6.00/gallon and most americans are broke because millions of companies went belly up and laid off the work force, some brilliant polititian will come up with a great idea.

We will probably change our way of thinking about these things as long as they don't build a refinery or Nuke power plant in my state and as long as it doesn't raise my taxes. It's perfectly fine that I have to spend $877 to put 200 gallons of fuel oil in my tank to heat my house for October and November. Then do it again for December and January and again for February and March. Also just fine that next year I won't have any cash left to go any where or buy any thing and that will severely hurt all of the industries where we work to earn the livings we have.

My brother works for Toyota and last year in the month of May he sold 18 new cars himself. This year in the month of May his entire dealership didn't sell 18 cars and thats the totals from 16 sales persons! Worse yet is all but one of the 17 vehicles they did sell in May were small compact cars that are the ones they don't make much on to begin with.

Hope you have allot of seniority Josh because they have over 40 Tundras on the floor and can't give them away even after discounting them to rediculously low prices.

I did hear something rather interesting yesterday. It costs Saudi Arabia $2.00 to fill a barrel of oil that they sell for $137.50 today. The Saudi's just bought the famous Chrysler building with all the money we are sending them.

I won't be surprised if they end up buying the freaking White House!


They are our Friends, Right?

Gary

[caglezxj]

You need to watch the video. The World Bank is who we need to be looking at. They tell Opec what they will buy a barrel of oil for. President Bush attacked Iraq for more reasons then Weapons of Mass Destruction. Iraq would not sign the bill stating that for every barrell of oil we purchase from them they would use a portion of the money to buy our debt. There was only one country that would. And as stated in the video There is more countries than Iraq with Nuclear Weapons and we didn't go after them. Sadum Hussein was gone after for more reasons than being a fallen leader. Please watch the video it is very interesting to learn what has been hidden.

Josh

[ELK_HUN10]

I have been in ANWR. I have no idea what environment is being protected by not opening it up. It does not look any different than Prudhoe Bay. They could build a pipeline there without any problem. A 10,000 Gallon fuel hauler only carries about 238 barrels. (Oil is 42 gallons a barrel.) It would be expensive to truck it. It is only about a 100 miles from Prudhoe to the edge of ANWR that I was in. They did a lot of exploratory wells along the edge, so they know whats there. Well, I could do a book here but I got to go to work. Some day they will open it up. We may all speak Arabic by then.

[heath_jhns]

well that was a eye opener. i guess thats why cheap gas is forever gone.

Heath

[GRAZOR]

The only word I know in Arabic is "Gihad" and I am ready!

Gary

[ELK_HUN10]

Wow, I can't believe I watched the whole thing. I will not try to refute or affirm the whole tape but I will give a few personal observations.. The main thing I got from this presentation was the man was hawking his own book using another form of the “say your not satisfied, say you want you money's worth, well let me tell you what I am going to do for you.
I met Jim Lawler who was mentioned a few times, probably 3 or 4 times. His secretary was on Frontiers Payroll and Arco reimburse us under a cost plus contract. She used to be a foreman for Pioneer Oil Services company. One of Frontiers Companies that did non- union Construction and oil field service work. Frontier Rock and Sand did union construction, Frontier Equipment Company maintained and rented out over 500 major pieces of construction Equipment...(D-10's D-9's. D8”s D-7's Dozers; 988, 966 Cat loaders, 7281 &7271 Terex loaders; B-70 Euclid Belly Dumps R-35 end dumps 30 cy. End dumps .15 c.y. Belly dumps. 16G, 14g 12g Blades: Bomag Compactors 245 backhoe several smaller back hoes, boom trucks oil field rig trucks etc. etc..) Frontier Equipment bought 50 new 4 wheel drive pickups each year. And had several thousand pieces of small equipment (welders , light plants, compressors. space heaters, conveyors, generators, hand compactors, etc.) Frontier Transportation Company hauled supplies and equipment to the slope from Fairbanks and Anchorage. They had about 50 tractor trailers. Jim Lawler was a Arco bigwig on the slope but not with the main Atlantic Richfield Company in the lower 48. I never heard of the other guy he was talking about. Any way this is kind of a long winded introduction, sorry, I used to be Chief Engineer of Frontier Companies of Alaska. A holding company that owned all of these companies plus a few more. I Posted the following on this forum on May 12, which I will copy here.
I worked on the north slope of Alaska for almost a decade. Every well that was dry, they sealed it up. They said all they hit on the dry wells was natural gas. They say there is enough natural gas on the slope to run the United States for two hundred years. They won't build a natural gas pipeline though, That would reduce the demand for oil and they still have oil to sell. Who is "they" you might ask, but that is a secret, they hold secret meeting each year to lay out their development strategies. Dick Cheney knows who and when, though.



The man in the tape talks about the Gull island oil field, I was project manager on goose island and Assistant Project manager for a Joint venture that built Mukluk Island, An artificial off shore Island that was built in 50+ feet of water. It was the most expensive dry hole in history, These drill sites + a few more were about three to four miles off shore in the area the narrator describes . He left out a few details in his description of Prudhoe Bay, It is leased by a consortium of oil companies Arco and B.P. were the operators. There are other oil companies on the slope such as Exxon, Conoco, Texaco and Shell , all are companies that Frontier built either ice road drill sites, gravel drill sites or gravel islands for. Conoco has its own oilfield at Milne Point About 15 mile west of Prudhoe Bay
Now to refute some of the narrators argument. It cost about 5 cents a gallon to get the oil on top and ready for transport in 1983. That did not include the cost of the pipeline, Drill Sites, Roads, Drilling or the costs of the other infrastructures. With adjustment for inflation that would be over 10 cents today or $4.20 a barrel..

.Gas in the sixty's was about 35 cents a gallon In 1970 and 1971 gas was 25 cents a gallon until O.P.E.C formed then it jumped up to 50 cents a gallon. Gas in 1980's was about $1.00 a gallon, that would be over $2.00 a gallon inflation adjusted for today. Conoco shut down and mothballed their Milne Point Field at a cost of 1 million dollars a month when oil dipped below $14.00 a barrel. Expecting gas to be able to go to $1.50 a gallon is not realistic unless an plentiful alternate form of energy forces it to that level. Saying there is a 200 years supply of oil on the slope is a figment of the narrators imagination. Prudhoe only supplied at its peak 10% of the nations oil. About 50% of the known oil supply is in Saudi Arabia. Iraq has about 7% of the oils supply. So DAMMed insane was a victim of his own misjudgment. Does anyone really believe he would bet the farm on anything the U.S.A. said. My own opinion is that Iran is the main enemy of the U.S.A. I have thought that way ever since they took the hostages while Carter was president. Then Reagan gave Iran Hawk missiles. If any one else had done that it would have been treason. I spent three years with a Hawk missile battalion with 20 months of that in Viet Nam. I know what Hawk Missiles can do. It was dumb to give Missiles to Iran. The narrator has a personal vendetta against the International Monetary Fund. I don't see any problems trying to raise the standard of living of third word countries by providing loans. The national debt is a problem that won't go away. I remember the republicans signed a contract with America in the ninety's to pay off the national debt and balance the budget. I wonder how come that is not remembered. The National debt is financed by people who have the money and want a secure investment, who has the money now? The IMF is composed of countries representing bankers from around the developed world (G Whether you agree with them or not, they are not “THEY”. THEY were having a secret meeting in New Orleans in 1984 to determine which oil prospects were to be developed. I was there at the time because we had won a bid to build an underwater island that they would sink a floating drill rig on. We were doing a dog and pony show and was given the go ahead to do the project if it was funded. It wasn't. The price of gas is ridiculous, My river jet boat burns 20 gallons an hour, thats $80.00 an hour just for gas. I haven't used that boat for a few years now. I sure wish I could wish the price of gas back down, but I can't I think it will rise until Labor Day then slowly start falling until Thanksgiving, then really fall until the year end holidays and be the lowest about February 1st. Then it will rise rapidly again. The Amish may be the only people not upset by the price of gas, bless their hearts, but everybody else is. The number of refineries is a bottleneck for oil supply, the narrator was right about that. Alyeska, the pipeline company, is responsible for the oil once it leave Pump Station #1 until it arrives at Valdez and it is loaded on the oil tankers. A friend of mine that I worked with at Frontier went to work for them as their safety engineer Alyeska does not have much to do with the slope until they take over transporting the oil down the pipeline which is by the haul road. I don't care which countries have weapons of my a$$ destruction, if they use it they will lose it. I agree with Grazor. Ghihad, YES

[GRAZOR]

I finally got to watch the entire video. Interesting it is but I am a consumate skeptic and have to share this with a friend in my vintage audio world.

He works on an off shore rigg in the Gulf as a Mix Master who pumps in the cement around the drilled casings. His brother is a Professor of economics in a southern college and is quite sharp with these things.

I welcome their opinions here and this discussion in our threads. I will post what replies I get from friends in the Know who I trust to give me the real facts.

Until then, I will remain Locked and Loaded.

Gary

[heath_jhns]

i'm with u gary on the locked and loaded part.

Heath

[ELK_HUN10]

I see where they are finally going to build a natural gas pipeline in Alaska. Good, but it will be ten years before we feel any effect. It is a start anyway. Below is a copy of the news release.

On Aug. 1, Palin scored a major victory when the Alaska Legislature pa$$ed a bill that authorizes her administration to award a license to TransCanada Alaska to build a 1,715-mile natural gas pipeline from Prudhoe Bay on Alaska’s North Slope to a hub in Canada.

The pipeline would be the largest construction project in the history of North America. If completed as hoped within 10 years, it would ship 4.5 billion cubic feet of natural gas per day. The United States imported about 10 billion cubic feet of natural gas per day in 2007

Now if some of the other known natural gas fields are connected, our energy crisis will be reduced with time.