Obama bans new oil drilling in Arctic Ocean

Re:Obama bans new oil drilling in Arctic Ocean by astrodust on Saturday November 19, 2016 @03:47PM (#12995557)

Wrong. This is a three year supply presuming you could extract 100% of the energy needs of the US from this singular patch, which is patently impossible. There is no feasible way to extract it that quickly.

Instead, optimistically, you're looking at this supplying 0.5% of the US energy needs over a span of 20-30 years at best.

To put that in perspective: You could shave 0.5% off of the US energy needs by pushing for more electric vehicles. Then you wouldn't even need this oil.

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Re:Obama bans new oil drilling in Arctic Ocean by paulddraper on Saturday November 19, 2016 @08:54PM (#12996847)

"You could shave 0.5% of the US energy needs over a span of 20-30 years"

Did you miss a decimal point? You think that only 3% of the oil is extractable over the next 20 years?

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