The Arctic Shuffle
One questioner pointed out the tepid support for ANWR from oil companies, "leading some on Wall Street to say this is more of a political issue than an energy economics issue." Another person pointed out that Norton’s forecast of a million barrels a day from ANWR was "somewhat underwhelming."
If geologists were to decide that there were only three thimbles of oil beneath area 1002, there would still be something to be said for going down to get them, just to prove that this nation cannot be forever paralyzed by people wielding environmentalism as a cover for collectivism.
It’s not about oil any more, it’s about political power, and if they have to piss on one of the country’s last untouched places to prove their wankers are bigger, they’ll do it.