Re: Drilling ANWR!!
[quote=sammwalk]There's only an estimated 10.4 billion barrels. [/quote]
That estimate is nearly 10 years old. Since then drilling techniques and equipment have advance considerably - but a reevaluation of the region hasn't been done due to the fact that the area was declared a wildlife reserve. Modern technology allows us to drill deeper and longer than before (no sexual innuendo intended), and the processes have been refined enough over the last ten years to make the drilling/refining more complete and efficient.
Think about it - do you think they'd be going through all this trouble for just 10.4 bil barrels? As sammwalk pointed out, it wouldn't last more than 10-20 years and then we'd be back to square one. The costs alone would make it an economical waste of time - G Dub's oil pals would probably spend more money setting up shop than they'd make from distribution. If that's the most they could get from ANWR they would leave it to the caribou and focus on the ranges off the north coast of South America.
This vote just allows for a reevaluation of the area, it doesn't mean that they're flying in the Clampetts and putting them right to work. They could go there and find out that its still as unfeasible as it was 10 years ago and leave the place alone, or they could find an even larger reserve than they originally thought. Either way at least we're exploring alternative options to feed our oil dependency.
These alternative options will loosen the stranglehold that OPEC has on the world oil market. How many times has Bush been bashed about his ties to the Saudi royal family, now here's an opportunity to cut some of those ties and he's still getting bashed. A new source of oil, no matter how big or small, will go far in terms of balancing out the world oil market. Even if this reserve only lasts us 20 years as some estimate, who knows what technological breakthroughs will occur during that time. Look how far fuel economy has come in the last 20 years - affordable hybrid cars, greater city/hway mileage for most models ect.. ect.. It may only last 20 years, but that could be time enough to develop a new mode of energy - one that allows us and the world to drop this voracious consumption of oil.
This isn't a magic bullet, I agree, but it's a step in the right direction.