For decades, tiny Barrow, Alaska, has been largely unknown and unnoticed. But with increasing global activity in the Arctic--especially from oil speculators--things are changing … fast.
Comment: we're big fans of Earth Day. It is a wonderful scenic country area and home to Dinosaur World and a state park. There are dinosaur tracks from 100 million years ago along the riverbed that can be seen some say are heading in the direction of New York City
Tedd
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Comment: we're big fans of Earth Day. It is a wonderful scenic country area and home to Dinosaur World and a state park. There are dinosaur tracks from 100 million years ago along the riverbed that can be seen some say are heading in the direction of New York City
Tedd
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tedd
Comment: Does the Democratic leadership under Barack Obama expect current electric power plants to provide all the huge electricity requirements to recharge and power all the new hybrid and electric cars will be coming on line. There will have to be new power plants built and these must be nuclear plants. If Democrats think that wind or solar will recharge all of these new cars, they have to be joking because the wind does not blow all the time. The new sources of additional electricity to charge up all these cars will have to come from nuclear energy.
Why is there such an ingrained irrational paranoia about nuclear energy and waste disposal among some Americans especially the Democratic leadership under the direction of Barack Obama. Importantly also why is it somehow okay for hundreds of thousands of Navy sailors to have served for nearly thirty-five years aboard nuclear power American aircraft carriers and nuclear powered submarines and air force personnel to handle nuclear bombs but Democratic leadership under Barack Obama will not consider to even remotely assume any risks involved with nuclear power. Is it okay for our servicemen to be exposed to alleged risks but not the Democratic leadership who oppose nuclear power. This paranoia is particular evident with the Democrats acceptance of risks that are associated with other aspects of modern American living. Forty thousand people die every year in the United States in auto accidents but there is no outcry to ban all automobiles in the United States. Bridges have collapsed recently in Minnesota and tunnels ceilings in Boston have fallen but there is no consensus on eliminating bridges or tunnels. There have been airplane crashes that have also involved injuries on the ground but there is no outcry to ban air travel. There have been repeated rail and ship accidents but no outcry to ban railroads or ship travel. The irrational fear involving nuclear power and waste disposal has no justification. American people undergo multiple medical and dental xrays and CT scans yearly and have no fear. TSA airport screeners and medical staff work daily around xray equipment, fluoroscopes, and CT machines and do not experience adverse health consequences as a result of their work exposure. There were no documented adverse health events associated with the Three Mile Island release of minor radiation in the 1970s and no payments for health losses were ever made involving lawsuits related to that accident. The containment vessel held at Three Mile Island. In light of most Americans acceptance of risks associated with automobiles, trains, planes, and ships, the fear on the part of the Democratic leadership of nuclear power can not be viewed as rational. John McCain's proposals to build 45 new nuclear power plants along with his other energy proposals on conservation and renewable energy will help America achieve relative energy independence in the near term and long term.
Comment: While camping and attending a bluegrass music festival, I took a tour of Comanche Peak Power Plant,the last nuclear power plant built in the United States. The plant is unobtrusive and is at perfect harmony with its environment. It is located near Glen Rose Texas a beautiful area that has bluegrass band festivals in the summer. It is a wonderful scenic country area and home to Dinosaur World and a state park. There are dinosaur tracks from 100 million years ago along the riverbed that can be seen some say are heading in the direction of New York City. The Brazos river flows through and the place is an environmental heaven. There is old green Sinclair Oil Company dinasour statue that stands at the park. Ironically most of the stations and assets of Sinclair Oil Company was bought by Arco Oil Company. Arco Oil Company was a jewell of an American oil company that explored and developed the Alaskan North Slope and at one time owned eighty percent of our Alaskan oil reserves. Arco Oil Company was subsequently bought out later by foreign owned British Petroleum during the second administration of Bill Clinton. The point of this comment is twofold. Democratic hostility toward United States owned energy companies has led to the sale of United States oil companies to foreign interests and that nuclear power plants can even be located next to wonderful wildlife and park areas and make good unobtrusive neighbors. Nuclear power is a friend of the environment and does not emit green house gases.
Comment: If you think about it John McCain plan for forty-five new nuclear power plants is reasonable, needed and attainable. Our current 108 nuclear power plants supply twenty (20) percent of our electricity requirements. This is amazing considering that it has been thirty years since there has been new construction on new nuclear power plants anywhere in the United States. Construction on new nuclear power plants has occurred throughout the world but not in the United States thanks to Democratic leadership. In France, nuclear power supplies 80 percent of their electricity needs. Because 108 nuclear power plants are generating twenty percent of our needs, an additional 45 nuclear power plants will only increase the percentage of nuclear power to roughly 28 percent of our needs well short of French eighty percent nuclear power generation of electricity. John McCain proposals are reasonable and will help lead us to energy independence. Democrats under the leadership of Barack Obama want to study the issue for another 30 years. By that time the only remaining United States builder of nuclear power plants General Electric will have gone the way of Westinghouse and sold its nuclear construction division to a foreign owned company Toshiba Corporation of Japan. Given the Democratic led hostile business environment for nuclear power in the United States, we will have no United States owned companies capable of building nuclear power plants.
The reality is that a few nuclear power plants will have a greater contribution to our energy independence than all the contributions of solar, wind, and thermal energy. Only the proposals of John McCain on nuclear power, offshore drilling, wind, and solar energy will make the idea of United States energy independence a reality.
Comment: Obama and the Democrats would never consider government loan guarantees for a sure thing that will produce energy for the American gas tank. Democrat loan guarantees and earmarks are only reserved for off the wall improbable future technologies such as hydrogen power that offer no short term chance of solution for our energy problems.
Democratic disdain for energy production by US companies is evident with the current ownership of former US energy companies. Is it any surprise that the jewell Arco Oil Company which owned 80 percent of our Alaska Oil Reserves was bought out by British Petroleum Corporation at the end of the second administration of Bill Clinton due to the hostile Democratic attitude toward energy companies. It is no accident that the largest US builder of nuclear power plants, Westinghouse Nuclear Power Construction Division was bought out by Toshiba Corporation of Japan. While 80 percent of France electricity is generated by nuclear power, only twenty percent in the US is generated due to the successful efforts of Democratic party to kill the US nuclear power industry. Significantly, nuclear power is not considered a mainstay of Democratic plans to address our energy crisis.There is also a worldwide shortage and backlog of orders for oil drilling platforms and oil drilling ships but US shipyards are not building these ships. Only one percent of the world's commercial ships are built in US shipyards. Hold your breath for the Democratic outcry and push for government help to US ship builders to build oil drilling ships in the US.
Comment: John McCain realizes that the Democrats under the leadership of Barack Obama want to effectively give away in trust our offshore exclusive economic zone by standing in the way of any current offshore development. Under the 1982 United Nations Law of the Seas Convention the US has an exclusive economic zone of 200 nautical miles and mineral seabed rights up to 350 nautical miles extending along the Continental shelf. A nautical mile is 6080 feet so our exclusive economic zone extends about 240 miles and mineral seabed rights extend 420 miles. The US has the world's largest offshore exclusive economic zone totaling 4.4 million square miles. In comparison, the total land area of the United States is only 3.4 million square miles.
On the East coast alone, if you drive from Key West Florida to Bangor Maine it is 2000 miles. Multiply the 2000 miles by mineral seabed rights extending out 420 miles results in a total of 840,000 square miles of ocean acreage. Because we have the world's largest offshore coastline which is twenty-five percent greater than our land area, it only makes common sense that we exploit our offshore resources to achieve our energy independence.
John McCain understands that under the theory of plate tectonics and continental drift, 300 million years ago when oil was formed all of the continents were one supercontinent called Pangea. The continents then drifted apart. The Africa coast was right up against North Carolina 300 million years ago. Today half of the oil production of Nigeria is now offshore and the odds of large offshore deposits off our east coast are very strong. There are also huge oil deposits off of east coast of Brazil. Brazil has tied up almost all of the world ocean drilling ships in the hopes of developing those deposits. Given there is confirmed oil off of Brazil, likely oil off the Southern US east coast and there is confirmed large deposits south of Newfoundland then it is likely there is oil all up and down the entire United States east coast. The United States has the largest coastline in the world and it is simple common sense to make use of those offshore resources to achieve our energy independence. John McCain energy proposals will bring about this development that we so desperately need.
Comment: The writer talked about BP investing $1.5 billion to angle drill offshore to the Liberty field ........ but left out the fact that this field is part of the Beaufort Sea leases that oil companies paid over $2 billion to lease - and that the oil companies wanted to access these tracts by building a gravel island or by floating drillship and both of those ideas were scuttled by an injunction from the 9th Court in the Bay Area. The Court has been sitting on this case and have now cost the oil companies - and ultimately you - 2 full seasons and billions of dollars.
"The oil companies need to drill on the leases they already have." I'm sure they would like to.
Comment: One of the main problem with the oil companies is that they invest more money into raising the value of their stocks than they do in exploration. A side problem to that aspect is that when you consider the amount of money already being put into exploration; it's rather sizable and more money wouldn't necessarily equate to finding more oil....so they just have these RIDICULOUS profit margins b/c there's nothing to really do with the money they're making outside of buying up company stock.
Unfortunately, in the short term (meaning the next 100 or so years), we'll likely still be using Oil as a primary source of energy and will need to expand drilling and increase availability to match global consumption until certain 'new' sources of renewable energy can be made cost efficient.
Comment: "8% over sales average" How is that average determined? If you are talking about profit per sale of one unit of something, sure McDonalds will make more profit. But you fail to realize that people buy more than one unit of gasoline daily, they buy something to the tune of 5-7 Gallons(units) daily, how many people buy 5-7 meals(units) at McDonals daily? McDonalds makes more in terms of %, but who makes more money?
Comment: ECON 101. To measure how proftable a company is by percentage. This enables you to compair different companies across the entire business world. Place total profit over total sales, this way a company making billions of dollars can be compaired to one making a hundred dollars. Total sales or profit numbers by thems selves mean nothing.
Would you rather invest in a company and makes 8% or 25% profit?
One oilplatform cost in excess of $1.5 Billion and takes six or more years befor pumping the first oil. A double cheese cost $1.00 and take 2 minutes to make.
Comment: Hello:
The question now becomes how will they pay for the speculation? The price you pay at the pump has to do with the costs to the Oil Companies to go and find the deposits, as well as the speculators on Wall Street. Now if they go wantonly drilling, it costs money. You will still be paying expensive prices at the pump.
Comment: The author did not comment on the underwater mountain range that extends from the Russia boarder. That is the basis for Russia's claim to all of the Arctic Circle as theirs for the oil and natural reasources. www.countercurrents.org/penketh030807.htm
Comment: Would all the Hpocrtical critcs using their computers made primarily of plasctic , which is a diritive of CRUDE OIL please stop being hyocrits and send in you r replys chiseled in stone, please dont drive or fly them to Newsweek, put on your back pack and select Sandals made of something other than Aniaml or Oil dervie material and start walking - Thank you
Comment: Will all the idiots using their computers that are made of Plastic materials which is made from CRUDE OIL please stop being Hypocrtis and mail in their replys using chiseled stone. Thank you
Comment: I cant help but wonder how far 1.5 billion would go in developing engines that get 60-80mpg? Wait, that would benifit the consumer not the oil companies. I guess destroying some of the last un-touched areas of the world is fine as long as the oil companies keep making record profits.............................
Comment: If no one can see the untouched area, then what is the point? Limited exploration for the natural resources, would enable more people to see these areas.
What is your reason that the largest companies in the world are making largest profit?? XOM is makin 8% profit over sales average for the last 10 years. McDonals makes more profit. Ha! Ha!
Comment: There is a big difference between Conservation and Preservation. The first being the wise use of our natural resources, sustaining the wilds at some juncture in their evolution; the latter meaning death to all human life in deference to letting nature take it's course. Some of the so called Environmentalists today want preservation and to ---- with humans.
What good is conservation without an economy to support it? What good is an economy if there isn't somewhere new for humans to see that looks like it was 200 hundred years ago. You can't have one or the other as they are symbiotic and part of human nature. We need to work and thrive, yet we need a semblence of wildness.
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