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Author: SeattlePioneer Big funky green star, 20000 posts Top Favorite Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 65942  
Subject: Re: Is Harry Dent Fessing Up Yet? Date: 3/10/2008 2:29 AM
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<<Hey, we might find a good use for that oil someday. Drill it today, and all we will do is snort if up our tailpipe.

That's a reasonable thing to suggest, in my view, but it wont work.

Production on the Alaska North Slope fields are in decline, and at a certain point the Alaska pipeline will have to be shut down and removed or abandonned. If that happens, the enormous and strategically valuable American oil production that could be gained from developing ANWR and perhaps other oil fields will be lost forever.

Use it or lose it.

I'm always amused by environmentalists who piously proclaim that they don't want the United States "help hostage" to middle east oil, but then want to refuse to devlope oil in the United States. It's quite clear that they are being dishonest in making such claims.

Seattle Pioneer
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