Heritage
Their objections voiced a common concern: ANWR wouldn’t begin to produce oil for up to ten years. Here’s what some of the Senators had to say:
- “There would be no production out of [ANWR] for at least 7 years.” -Sen. Jeff Bingaman (D-N.M.)
- “Oil extracted from [ANWR] would not reach refineries for seven to ten years.” -Sen. Maria Cantwell (D-WA)
- “No oil will flow from ANWR…until from 7 to 10 years from now.” -Sen. John Kerry (D-MA)
- “Oil exploration in ANWR will not actually start producing oil for as many as 10 years.” -Sen. Patty Murray (D-WA)
- “Even if we started drilling [in ANWR] tomorrow, the first barrel of crude oil would not make it to the market for at least 10 years.” -Sen. Debbie Stabenow (D-MI)
Ten years later, oil and gas production on federal lands is at a nine-year low, a gallon of regular unleaded gasoline costs an average $3.90, and the president is busy blaming “speculators” for high oil prices – a scapegoat that even a former Democratic Commodity Futures Trading Commissioner rejects. Heritage’s David Kreutzer also debunked that argument.
No comments:
Post a Comment