Even with U.S. oil, greed would win


Sunday, August 03, 2008 | 1 comment(s)

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Hooray! We don’t have a shortage of oil. We have the largest oilfield in the world! An oilfield that can provide sustainable oil production for hundred of years!

Also, off our coasts we have enough oil waiting to be drilled to supply enough oil for 60 million cars and 25 million homes for 60 years. If that’s not enough oil, Canada alone can produce 2.7 million barrels a day for the next 200 years. This according to the Register Guard on July 20.

An oil shortage? No problem. Except the unbelievable naiveté by the author James Reinmuth. Even if we had such oil deposits, Reinmuth ignores corporate greed and profit. In my journalistic visit to the Alyeska pipeline  in Valdez, Alaska, a pipeline hyped by oil corporations as the solution to American oil shortages, I found nine American tankers waiting to take on oil.

One tanker would leave for the U.S. and eight for Japan, where a gallon of gas was almost twice as high.

Jerry Copeland

Florence

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Jake wrote on Aug 6, 2008 6:30 AM:

All of the oil exported by USA goes to Puerto Rico, an American territory!
The diesel fuel that IS exported is non commercial grade and does not meet American's air standards.

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