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Washington Post - "Alaska Oil Production Declining"

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GumboYaYa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 08:08 AM
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Washington Post - "Alaska Oil Production Declining"
http://www.washingtonpost.com/wp-dyn/content/article/2005/06/06/AR2005060601742.html

<SNIP>
Oil keeps flowing through a maze of aging wells, pumps and pipelines that poke through the snow on this desolate North Slope tundra.
But this vast field is ailing: Output has fallen by nearly 75 percent from its peak in 1987 and is expected to continue dropping.
The Prudhoe Bay field sprawling over an area the size of Howard County still pumps more oil than any other site in the United States. But its shrinking production reflects a trend throughout the country: After years of pumping, fields in the U.S. are drawing less oil from the ground.

The implications for U.S. energy policy are profound. At a time when President Bush and members of Congress are talking about the need to be less dependent on foreign oil, the country is becoming even more dependent. As U.S. production declines, demand has been increasing.
While there are some bright spots in U.S. oil production, such as discoveries in the Gulf of Mexico, the overall outlook points steadily downward and is expected to continue that way for the foreseeable future -- the result of a natural process of decline.

* * * * *

How long does it take the American public to put two and two together? These stories are everywhere these days, yet we continue down the path of insatiable consumption.
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hatrack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 08:09 AM
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1. Prudhoe peaked 18 years ago and this is NEWS?!?!?!?!?!?
Fucking Washington Post. Replace the decaf already and do a little research, guys. There's this neat new thing called the "Internet". Check it out some time, OK?
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GumboYaYa Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 09:25 AM
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3. So true, but better late than never....
I talk to people all the time who think we are sittng on giant oil fields in Alaska that the "tree huggers" won't let us drill. Something needs to break through to these people that there just ain't that much of the stuff left.

The last couple of months have had a slow drip of information in the MSM on declining world oil supplies. Hopefully someone is paying attention.
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HeeBGBz Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-07-05 08:14 AM
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2. Must be time to bomb Venezuela
Look out, Mr Chavez!
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