What this oligarchy is doing is pure criminal. You don't think they want to destroy this nation? What would be a legitimate reason for this action???
The depletion of our oil production is corroding the Alaska pipeline and widening the trade deficit.
Obama's oil free utopia is precipitating yet more mayhem on our economy. Today, two major news stories concerning our lack of oil production highlight just how profoundly oil affects our economy.
The first story concerns the Trans Alaska Pipeline. The pipeline employs 2,000 workers and delivers 11% of our domestically produced oil to the other states. During its early years, when we weren't impounding the oil in Alaska, the pipeline transported 2 million barrels of oil per day. Now, less than a third of that volume flows through the pipeline, with the trajectory spiraling sharply downward. The Wall Street Journal reported today that there is growing concern about the adverse effects of decreasing oil flow on the pipeline itself:
Now, dwindling oil production along Alaska's northern edge means the pipeline carries less than one-third the volume it once did—and the crude takes five times as long to get to its destination.
That leisurely flow means the oil is above ground longer and more exposed to Alaska's frigid weather; the crude sometimes arrives chilled to 40 degrees. As the flow and temperature continue to drop, experts say the risks of a clog or corrosion increase, as do the odds of ruptures and spills.
Unless a technological solution can be found, the arcane physics of crude flow may force the multibillion dollar, 48-inch-wide steel pipeline to shut down—and determine the fate of the largest oil field ever found in the U.S.
There's one other, seemingly simple fix: Add more oil.