Question in regard to US crude oil. Does anyone know how much of Alaskan oil is exported to other

[OmmmSweetOmmm]

countries. Is the oil sold on the open market to the highest bidder?

If drilling was allowed in ANWR and off-shore...are those finds guaranteed to come to the US or once again, will it be sold on the open market?

Curious because if the oil is sold on the open market, what difference would it do to our energy problems here?

"Drill, Baby Drill" is a cornerstone of McPalin's campaign. If the answer to all is open market and huge profits for the oil companies, why can't the Dems get that message out?

On edit...I tried searching this info and can't seem to find my answer to these questions.

[whistle]

1. I think all of it

[OmmmSweetOmmm]

4. Thanks for your response but when you say all of it. Are you saying that

the oil would be guaranteed for US consumption as well as exported to the highest bidder?

Got it. To the highest bidder.

[whistle]

8. I'm saying that Alaskan oil has been going to the highest bidder

... and the highest bidders are the speculators regardless of which country they represent. None of Alaska's crude has ever been earmarked for U.S. markets. Thus what of it we get has been bought and paid for by us. The exploitation of ANWAR will go the same way. From that standpoint Alaskan oil production could give a rat's ass about the needs of the rest of the country.

[OmmmSweetOmmm]

13. So it's all bullshit. Democrats also Have To Stop Saying that drilling will only help us

years down the road. They have to tell the American people the truth about it

Get rid of that oil fantasy and tell it like it is, as loud as you can. That it will be Exxon and BP and Texaco that will be filling their pockets to the brim.

[whistle]

28. Of course it's all bullshit unless we have an administration that will put the interest

...of U.S. residents ahead of Big Oil profits.

No I assume that Obama means what he says that he will implement a national energy policy and take over control of ALL energy distribution to benefit America first. Then under such a plan all sources would be inventoried including oil, natural gas, coal, nuclear, wind solar, hydro, tidal, etc., and above all conservation, so that the whole nation is informed as to where we stand now and what must be done moving forward. That would take a president to be behind and would be directed for the good of the national welfare.

Then drill where we must, develop alternatives where that would be of greatest long term benefit to the country, and so on.

What we have right now on energy is total chaos, the Tower of Babel, which is what Bush/Cheney love because only they and their inner most circle of cronies know what they want and the keep it a big mystery. Thus places like Alaska are used for their own gain, not the country's as a whole.

I just wish our candidates Obama/Biden and other democrats would make this crystal clear! That is only one of the issues.:yoiks:

[OmmmSweetOmmm]

30. What is bothering me is that they are not Crystal Clear on this! McPalin are using the "Drill, Baby

Drill" to get votes and just like their other lies, this is one of the most important one Obama has to expose!!!! We cannot wait and hope that he wins and the implements sound policies.

[RoccoR5955]

2. EVERY LAST DROP!!!!! n/t

[SammyWinstonJack]

12. Yep!

[Greyhound]

3. Yes, all of it. This is why the whole "drill here, drill now" scam is just a scam. n/t

[OmmmSweetOmmm]

5. So why isn't Obama's campaign using that to cut the legs of one of McPalin

cornerstone campaign issues?

[Greyhound]

18. The only theory that seems to fit the facts is that they are owned by the same

people that have vested interests in "keeping it close". The media needs the horse race because they can't very well talk about what's going on in the country and simply saying Obama will win every day will cost them audience because the sheeple might notice how much it hurts, and the parasites that own everybody, need it close enough to maintain their choice.

[OmmmSweetOmmm]

21. You know greyhound

on an intellectual I do believe that powers that be own the leadership in both parties, making the parties opposames...but on the other, emotional side of me, I still need the glimmer of hope that perhaps Obama is different. I don't care as much about my future but my kids' future and my hope that I am intellectually wrong is for them.

[Greyhound]

24. Me too.

Ms. Greyhound almost convinced me that Hillary was playing opossum during her campaign, and maybe Obama is too.

We can hope, the alternative pretty horrible and I don't think Americans in general have it in them any more.

[StopTheNeoCons]

6. 98.1 billion cubic feet of Alaskan natural gas to Japan

Wyden calls for ban on Alaskan natural gas export
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http://theworldlink.com/articles/2008/09/10/news/doc48c80b0dd7259363587526.txt

Wednesday, September 10, 2008 | 2 comment(s)
U.S. Sen. Ron Wyden, D-Ore., is calling for a ban on the export of natural gas from Alaska.

On Tuesday, Wyden announced in a press release he has asked Energy Secretary Samuel Bodman to reconsider the Department of Energy’s order endorsing the exportation of 98.1 billion cubic feet of Alaskan natural gas to Japan, and neighboring Pacific Rim countries.

“The Administration is trying to have it both ways — arguing that we need to drill everywhere because we don’t have adequate energy supplies, while finding that we have so much energy that big oil companies can export it overseas and keep prices here at home higher than they would otherwise be,” Wyden wrote in a letter to Secretary Bodman.

Wyden argues that in allowing the exports, the department isn’t meeting the rules of the Natural Gas Act, which demands a public interest test. He said the amount of natural gas exported is enough to supply 1.4 million America families for a year. There’s a price issue, too.

The senator said analysts estimate natural gas will be 22 percent more expensive for American households this year than in 2007. And in the West, it’s likely to cost 24 percent more, with the West being the region where Alaska predominately would sell its product.

“For the Department to categorically reject an opportunity to provide additional supplies of energy to American consumers, both in Alaska and on the West Coast, at a time of record energy prices, and instead let these companies send that energy to overseas markets, demands a Secretarial-level review,” he said.

[StopTheNeoCons]

7. Southcentral Alaska faces natural gas shortages:

http://goliath.ecnext.com/coms2/gi_0199-3716905/Southcentral-Alaska-faces-natural-gas.html

Southcentral Alaska faces natural gas shortages: diminishing gas supplies in Cook Inlet force Agrium to face a November closure.
Publication: Alaska Business Monthly
Publication Date: 01-FEB-05 Format: Online
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Full Article
More than 30 years ago, oil prospectors working in Cook Inlet discovered an abundant byproduct that has grown to become a key energy source and a leading export product for the state of Alaska-natural gas.

That oil exploration work identified about 8 trillion cubic feet of economically gas.

[OmmmSweetOmmm]

9. So it seems that some of the natural gas, cited in your first post, has gone to Japan

and not used to help Alaskans.

[Chan790]

10. A CRS/Lib. of Congress report (from 2005) says 0%.

From 1973 to 1995...it was legally-prohibited. In 1995, export-prohibition was recinded as US production was exceeding demand and reserves were over-filling. Until 2000...less than 7% of daily production. As of the report date (May 2005) back to 0% as demand caught up to production, though export is still legally-allowed. I couldn't find an updated report.

http://ipmall.info/hosted_resources/crs/RS22142_050506.pdf

[RoccoR5955]

33. Are you sure that this wasn't co-opted by Bushco, Inc.?

They have been putting people into key positions that only agree with their side, and are far from objective.

[Chan790]

34. I can't really say...

it's the Congressional Research Service...they answer to the Library of Congress who, in theory, answers to Congress.

[RB TexLa]

11. All oil is sold on the open market. Do you think other people shouldn't be able to buy oil?

There is a worldwide energy concern, not just here.

[OmmmSweetOmmm]

16. Did I say that? What I am saying is that McPalin are implying that the oil will be used for the US.

That drilling ANWR and off-shore will give us all the oil we need. Do you think for one moment that most of the people who are eating up what McPalin are saying, thinks that this oil would be sold on the open market and sent overseas? Do you really believe that?

[SammyWinstonJack]

23. I bet you own oil stocks, don't you?

:evilgrin:

[Subdivisions]

14. Every barrel goes abroad, mostly to Japan. n/t

[Make7]

15. Virtually none of Alaska's crude oil is exported to other countries.

 

Just 4 percent of North Slope oil trickled to Asia between 1996 and 2000, before the flow shut off almost entirely. Since then, the only export was a single tanker in 2004, which delivered a load of oil to China en route to getting repaired at an Asian port.

The reason is that Alaskan oil fields aren't gushing crude as they once did. Alaskan oil production was cut in half between the 1988 peak and 2000. Now West Coast refineries soak up nearly every drop, according to data from the federal Energy Information Administration.

Washington is one of the major destination points for that oil. A string of refineries near Anacortes and Bellingham rely on Alaska for more than 90 percent of their crude oil, according to a 2004 report from the Seattle and Pierce County chambers of commerce.


http://seattletimes.nwsource.com/html/localnews/2002245699_export17m.html

 

[OmmmSweetOmmm]

17. And once That oil is refined, where does it go?

[Subdivisions]

19. It goes mostly to Japan. Also, any oil from ANWR is already contracted to Japan. nt/

[OmmmSweetOmmm]

22. Thank you Texas Explorer. So why isn't Obama's campaign telling it like it is?

Instead they talk about the drilling only helping years down the road??? Which is not the truth.

[Subdivisions]

27. From early indications coming out of Houston and with Ike striking at a time

when our gas and oil infrastructure and supplies were already vulnerable, Obama may now have to fundamentally change his message. And, he better damn well do it before mcsame does. AND HE BETTER FUCKING MEAN IT!

[Mudoria]

25. Got a link for that? Just curious...

[Subdivisions]

26. No link. I study energy every day and I'm in the alternative energy business. You'd

be surprised what you can find when you research it yourself.

EDITED TO ADD: I'm not saying my recollections will always be spot on, but I do advise everyone to be diligent in their knowledge of energy issues and dynamics. As we are beginning to see in the Houston area and all along the Colonial Pipeline, energy is very important and when it is in short supply or is not available or when prices spike, it can change our lives FAST. And, while you're learning about energy, take a couple months to study peak oil. Then begin to find ways to use less energy and buy food and goods locally whenever possible.

[OmmmSweetOmmm]

29. I just did a quick search and found this article at CNBC

http://www.cnbc.com/id/25518912



As Oil Firms Seek Drilling Access, Exports Set Record

By Reuters | 03 Jul 2008 | 03:23 PM ET


AP
A record 1.6 million barrels a day in U.S. refined petroleum products were exported during the first four months of this year, up 33 percent from 1.2 million barrels a day over the same period in 2007. Shipments this February topped 1.8 million barrels a day for the first time during any month, according to final numbers from the Energy Department.

The surge in exports appears to contradict the pleas from the U.S. oil industry and the Bush administration for Congress to open more offshore waters and Alaska's Arctic National Wildlife Refuge to drilling.

Continued at above link

[Make7]

31. If Japan imported 54,000 barrels of refined oil products per day last year...

... from the U.S. (source) and Alaska produced 722,000 barrels of crude oil per day during the same period (source) then how is it possible that most of the refined oil products from Alaskan crude go to Japan?
www.eia.doe.gov/kids/energyfacts/sources/non-renewable/oil.html#Howused

[Subdivisions]

20. Alaska oil production peaked? Really? But there's no such thing as Peak Oil!

:shrug:

[B Calm]

32. Republicans have been great teachers on show boating an issue.

Too bad the democrats haven't learned how to do the same thing. Unlike the cons, at least the democrats would be on the right side of the issue.