California. It crept over $4 twice in 2019…in California. It’s currently $4+ national average price. $5.57 in California, which it’s stayed over $4
since May of last year.

3 Likes

Right and as i said i agree. Given the crazy spike there must be a contingency where even environmental restrictions are reduced in order to lowe prices.

Except you didn’t.

It’s high. It was high in 2019. But now it’s much higher

Nationally you did pay more than in 2016 and 2017. Everyone did.

Yeah that wasn’t clear from my post but that was the exchange being had

1 Like

It won’t let me “like” that post more than once.

image

With modern construction materials guaranteed to get more miles to a pound of bovine excrement.

6 Likes

You clearly don’t know what you are talking about. The relative cost to produce from ANWR would be less than from producing leases in the western NPR. And it would considerably less than offshore production in the Beaufort or Chukchi Seas. The last Alaska bid (which was in ANWR) was disappointing (not disastrous) because most of the regular players were hesitant to play until the election was over and thus sat it out. And as it turns out, their reservations were justified as Biden voided the perfectly valid leases for purely political reasons.

2 Likes

Well, he makes $15m a year so he can kiss my ass.

2 Likes

I was comparing ANWR to global areas, not NPR, or offshore Arctic.

ANWR remains too expensive versus the alternatives and the alternatives are unconventional plays in the lower 48 and deepwater around the world. Both far less costly.

That the last Alaska bid didn’t attract a single major and almost all the bids went to an Alaskan development company and at prices less that’s anticipated shows how those areas are valued by the majors.

Yes.

Apparently the Governor of Alaska sees it differently…

“ In an interview with Fox News Digital following his remarks at CPAC, Alaska Gov. Mike Dunleavy said a breaking point is indeed “imminent” for when the United States must stop relying on rival countries to power itself.

Dunleavy, a Republican, spoke both in his conference remarks and interview about the Last Frontier’s potential for energy dominance amid President Biden’s crackdown on domestic oil production, as Russia’s invasion of Ukraine brings new focus to the issue.

In an interview with Fox News Digital following his remarks at CPAC, Alaska Gov. Mike Dunleavy said a breaking point is indeed “imminent” for when the United States must stop relying on rival countries to power itself.

Dunleavy, a Republican, spoke both in his conference remarks and interview about the Last Frontier’s potential for energy dominance amid President Biden’s crackdown on domestic oil production, as Russia’s invasion of Ukraine brings new focus to the issue.

Dunleavy has long championed Alaska’s vast natural resources – such as the Section 1002 Area in the northern part of the state, which includes part of the Arctic National Wildlife Refuge (ANWR) – where former President Trump sought to increase oil and gas development.”

Later in the same story…” Dunleavy urged Washington to again look north, not south, to power America.

“While not immediate, the Willow project in [the National Petroleum Reserve-Alaska] is nearly shovel-ready and can provide a domestic source of oil,” he said. “Between the development of NPRA and the longer-term ‘1002 Area’ of ANWR, Alaska could place an additional 17 billion barrels of oil and an additional 32 trillion cubic feet of gas in the marketplace.”

During his remarks at CPAC, Dunleavy noted that Russia is extracting “massive amounts” of Arctic oil and gas – while the U.S. government says Alaska cannot do the same.”

3 Likes

2 Likes

LA should buy a Tesla.

Wait, you’re surprised the Governor of Alaska is trying to hype his reserves? Btw, reserves that are costly to extract. There is a reason majors aren’t investing much in Alaska - far more attractive opportunities exist elsewhere.

What lies? It’s the truth. Not sure what you thought your article proved.

Hybrids are the worst, ICE cars second and EVs a distant third for catching on fire.

You see any problems with that theory?

I would say all modern vehicles are less likely to catch fire than stuff from the 80s and back.

Fires can happen with ICE, Hybrids, or EVs. It’s relatively rare with all three, even in the worst wrecks.

The difference is that gasoline fires are the easiest to put out. Lithium fires require special chemicals that most Fire Departments don’t keep on hand yet.

So when an EV (or a hybrid) catches fire and you don’t have the proper equipment to put them out quickly they burn for hours and hours.

But as EVs become more common place on the road, more fire departments will keep the chemical solutions on hand to get the fire under control quickly.

I don’t think that’s a very good metric, but it’s not the problem with the “study”.