The People of America's Oil and Natural Gas Indusry

Energy Tomorrow Blog

taxes  offshore-drilling  natural-gas  liquid-fuels  gulf-of-mexico  domestic-energy  anwr  access 

Kyle Isakower

Kyle Isakower
Posted March 16, 2012

Yesterday President Obama gave a campaign speech centered around energy policy.  In it he said:

“There’s a problem with a strategy that only relies on drilling and that is, America uses more than 20 percent of the world’s oil.  If we drilled every square inch of this country -- so we went to your house and we went to the National Mall and we put up those rigs everywhere -- we’d still have only 2 percent of the world’s known oil reserves.  Let’s say we miss something -- maybe it’s 3 percent instead of two.  We’re using 20; we have two.  Now, you don’t need to be getting an excellent education at Prince George’s Community College to know that we’ve got a math problem here.  I help out Sasha occasionally with her math homework and I know that if you’ve got two and you’ve got 20, there’s a gap.  (Laughter.)  There’s a gap, right?”

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offshore-drilling  energy-policy  domestic-energy  anwr  access  onshore-drilling 

Mark Green

Mark Green
Posted February 22, 2012

Remember how opponents of greater access to U.S. oil and natural gas resources scoffed at the idea of developing reserves in remotest Alaska, saying the oil would take 10 years to come online and therefore wouldn’t help crude supplies in the Lower 48?

Guess what: We’re there. It’s 10 years later, and those reserves in Alaska are still waiting to be tapped – even as Washington enters another round of finger-pointing over energy.

Here’s an indisputable point: If access to an airport-sized swatch of the 19-million-acre Arctic National Wildlife Refuge (ANWR) had been granted a decade ago, a million barrels of oil per day could be part of America’s supply equation instead of an academic debating point.

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