Tag: National Petroleum Reserve

Midnight Thought on Breaking the Silicon Cage

The key factoid to be used here is the National Petroleum Reserve. 9.1b barrels of oil. As much or more than ANWR (h/t psychbob).

The sharp edge of the ax is the fact that everyone who is persuadable hates oil companies and their bloated profits.

The tie is simple: “9.1b barrels of barrels of the National Petroleum Reserve. As much or more than ANWR. So why do the Oil Companies want ANWR? Is it because they want the price of oil and gas to go down? Why would they want that?

Its because its cheaper to drill in ANWR, so it will give them more profits from the same amount of oil.