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Reply #10: That is not quite true [View All]

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Baby Cthulhu 69 Donating Member (75 posts) Send PM | Profile | Ignore Tue Mar-15-05 06:23 PM
Response to Reply #1
10. That is not quite true
ANWR has about 10e9 bbl of oil (low estimate). They think they can pump it out at a rate of about 1e6 bbl per day. That means about 27 years worth of oil. If they step it up and do 1.5e6 bbl/d you'd still have about 18 years worth.

The 6 months figure is misleading and derived by dividing the estimated reserve in ANWR by total world production (82e6 bbl/d). That gives you only a couple of months worth (however less than 6 by my calculations). So if you could pump 82e6 bbl/d from ANWR and if all other oil fields suddenly stop producing, then ANWR would last less than 6 months. In other words, that figure is bullshit.
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