Thursday, August 14, 2008

Open ANWR Already!: The case for drilling—and more energy production - Reason Magazine

Open ANWR Already!: The case for drilling—and more energy production

"In July, CNN repeatedly reported that offshore drilling would take 'seven to 10 years' to get into production. Yet Brazil's Petrobras expects its new finds in extraordinarily deep waters to already be producing 100,000 barrels per day in just two years. What is wrong with American oil companies that they would take so long?

In fact, the world oil shortage is political, not geological."

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