Natural gas deposits are often located in areas of magnificent beauty because they naturally occur within or underneath ancient rock formations, on land or underneath water, where fossilized plant and animal matter has been compressed and broken down over many millions of years. It then is no coincidence that many of these fertile areas are within the boundaries of protected national park areas in the United States. While debates continue on Capitol Hill over drilling bans or permissions within these sanctuaries, it could be helpful to look at instances where drilling and extraction of resources has successfully coexisted with picturesque beauty and protected status.
Texas has long been a fertile ground for natural gas and oil reserves. Its rich, though sometimes barren landscape possesses thousands of proven mineral and petroleum deposits that have been the state’s mainstay for economic growth over the past century and a half. One such area that has recently come under public scrutiny by environmentalists such as the Sierra Club and large oil outfits like British Petroleum is the protected seashore at Padre Island National Park located on the southeast tip of that great state, on the Gulf of Mexico.
Exploration and development of Padre Island’s cache of natural resources has been underway for many decades. In the late 1930s, Texas’ growing interest in development of its state’s natural reserves motivated legislators to send surveyor J.S. Boyle to the area. The first oil well was not constructed until a decade later, by Sun Oil Company at Yarborough Pass. The permission for this and other wells drilled by Sun was acquired through legislation proposed by Senator Yarborough of Texas, and Sun was the only oil company drilling on the National Seashore during the 50s and 60s. These oil wells produced small amounts of show, but very little commercially viable crude.
There are currently three natural gas producing wells in operation at Padre Island. These wells are under the close watchful eye of the National Park Service. Rangers help in monitoring to ensure a safe environment for the over 800,000 visitors who visit the park each year. The National Park Service describes their role in managing the park’s resources as a “commitment to previous property owners by ensuring their ability to recover the oil and gas mineral resources with a minimum of environmental consequences.” Since the lands which make up the park were previously private, the NPS has committed itself to help serve both the public and private sector with its stewardship of the park. Oil companies such as Triple Diamond Energy Corp adhere to strict regulations when drilling and exploring this protected seashore.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Friday, December 21, 2007
Gas or Wood Burning Fireplaces in the Home
When building a new house or just looking to add romance or a new heating source to a particular room, many people find a fireplace an attractive option. But which kind of fireplace is best for a particular home? There are many types of fireplaces, but most people tend to narrow their options down to either natural gas or wood burning, each with their own pros and cons.
A wood-burning fireplace can be the perfect way to warm up a cold winter night with your significant other. The way the wood snap, crackles, and pops makes this way of heating a room a popular choice. One should remember, however, how much work a wood-burning fireplace can be. Cutting down trees, of course, is mostly a thing of the past unless the house is situated in a rural setting, but storing wood safely from the elements for later burning is always a concern. The only financially efficient way to purchase wood is in large amounts, because running to the grocer everyday for a new little bundle really can add up over a long winter. This demands a nice, large area for storing; a cord of wood in your living room would probably be rather intrusive and less than romantic. If you are looking for an efficient way of heating your room, a wood-burning fireplace is definitely not it, since most of the heat goes up the chimney, leaving you with residual particulate to breathe in as well; a particular no-no for allergy sufferers. A way to improve upon this inefficiency is with the purchase of an insert or woodstove. These are relatively expensive and require cleaning from time to time. If you enjoy tending a fire, a wood-burning fireplace is for you, because they demand constant attention, adjusting and rearranging the wood for optimum flame and warmth.
Most consumers today, at least in America, have come to enjoy instant gratification. Microwave ovens, ordering movies from home, cellular technology which makes everyone essentially reachable nearly everywhere; all of these things make life in America and other capitalist countries some of the most comfortable and enjoyable places to live. Why compromise for anything different when heating your home? A gas fireplace lights instantly at the push of a button. If more heat is desired, one only need turn up the thermostat, no tending, adjusting, maintenance necessary. For ample heat and no mess, a natural gas powered fireplace is the overwhelming choice of contractors and homebuyers in America. Natural gas distribution companies like Triple Diamond Energy Corp work hard to provide the clean burning natural gas for millions of fireplaces across the country so that homeowners won’t have to, experiencing the warmth and beauty every time they push the button.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
A wood-burning fireplace can be the perfect way to warm up a cold winter night with your significant other. The way the wood snap, crackles, and pops makes this way of heating a room a popular choice. One should remember, however, how much work a wood-burning fireplace can be. Cutting down trees, of course, is mostly a thing of the past unless the house is situated in a rural setting, but storing wood safely from the elements for later burning is always a concern. The only financially efficient way to purchase wood is in large amounts, because running to the grocer everyday for a new little bundle really can add up over a long winter. This demands a nice, large area for storing; a cord of wood in your living room would probably be rather intrusive and less than romantic. If you are looking for an efficient way of heating your room, a wood-burning fireplace is definitely not it, since most of the heat goes up the chimney, leaving you with residual particulate to breathe in as well; a particular no-no for allergy sufferers. A way to improve upon this inefficiency is with the purchase of an insert or woodstove. These are relatively expensive and require cleaning from time to time. If you enjoy tending a fire, a wood-burning fireplace is for you, because they demand constant attention, adjusting and rearranging the wood for optimum flame and warmth.
Most consumers today, at least in America, have come to enjoy instant gratification. Microwave ovens, ordering movies from home, cellular technology which makes everyone essentially reachable nearly everywhere; all of these things make life in America and other capitalist countries some of the most comfortable and enjoyable places to live. Why compromise for anything different when heating your home? A gas fireplace lights instantly at the push of a button. If more heat is desired, one only need turn up the thermostat, no tending, adjusting, maintenance necessary. For ample heat and no mess, a natural gas powered fireplace is the overwhelming choice of contractors and homebuyers in America. Natural gas distribution companies like Triple Diamond Energy Corp work hard to provide the clean burning natural gas for millions of fireplaces across the country so that homeowners won’t have to, experiencing the warmth and beauty every time they push the button.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Wednesday, December 19, 2007
Gulf Of Mexico Open For Drilling
Much of the Gulf of Mexico has been off limits for oil drilling for the last 25 years. Congress has protected the area of the continental shelf for its beauty and its necessary role in providing what is essentially an underwater nursery for developing plant and animal life in the region. The current high price of oil and perhaps the threat of foreign companies using directional drilling from the other side of the Gulf, via Havana, has motivated Congress to relax their ban on drilling, allowing four key offshore states sole royalties from the newly allowed offshore leases.
The newly released area of 8.3 million acres in the eastern Gulf of Mexico promises to possess holdings of enough natural gas to heat and cool nearly 6 million American homes for the next 15 years. The move to allow drilling is undeniably motivated by the millions of voting Americans that believe foreign oil dependence to be a problem most easily solved by merely acquiring and exploiting more domestic resources such as these reserves off of Florida’s Coast. Cuba has been making deals with foreign oil companies from as far away as China and India, perceivably giving them permission to drill off the coast of Havana. American companies were given the chance to drill in these Cuban sites, but were of course barred from entering into contracts because of the U.S. continued embargo against doing business with Cuba. It seems that while the U.S. snoozed, other oil hungry nations like China and India, seeing Cuban oil as a viable option of supplying their energy needs, have seized these supplies as their own.
These deals between Cuba and China and India have left some in Congress fuming. Senator Larry Craig, Republican of Idaho, was quoted saying in his best “politically correct” language that, “Red China should not be left to drill for oil within spitting distance of our shores without competition from U.S. industries.” This feeling was obviously shared by many of Craig’s colleagues in Congress as they voted overwhelmingly to open up the Gulf of Mexico’s coastal waters for increased drilling by a margin of 71-25 in 2006.
Oil and natural gas companies like Triple Diamond Energy Corp have enlisted teams of scientists and engineers to help manipulate current technologies while also developing new ones to better explore and extract these new reserves to ensure a continuous energy supply for the future needs of the United States.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
The newly released area of 8.3 million acres in the eastern Gulf of Mexico promises to possess holdings of enough natural gas to heat and cool nearly 6 million American homes for the next 15 years. The move to allow drilling is undeniably motivated by the millions of voting Americans that believe foreign oil dependence to be a problem most easily solved by merely acquiring and exploiting more domestic resources such as these reserves off of Florida’s Coast. Cuba has been making deals with foreign oil companies from as far away as China and India, perceivably giving them permission to drill off the coast of Havana. American companies were given the chance to drill in these Cuban sites, but were of course barred from entering into contracts because of the U.S. continued embargo against doing business with Cuba. It seems that while the U.S. snoozed, other oil hungry nations like China and India, seeing Cuban oil as a viable option of supplying their energy needs, have seized these supplies as their own.
These deals between Cuba and China and India have left some in Congress fuming. Senator Larry Craig, Republican of Idaho, was quoted saying in his best “politically correct” language that, “Red China should not be left to drill for oil within spitting distance of our shores without competition from U.S. industries.” This feeling was obviously shared by many of Craig’s colleagues in Congress as they voted overwhelmingly to open up the Gulf of Mexico’s coastal waters for increased drilling by a margin of 71-25 in 2006.
Oil and natural gas companies like Triple Diamond Energy Corp have enlisted teams of scientists and engineers to help manipulate current technologies while also developing new ones to better explore and extract these new reserves to ensure a continuous energy supply for the future needs of the United States.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Cooking With Gas
If you own an electric range, you have doubtlessly experienced the following situations. Agonizingly watching the stove as minutes and minutes pass by while eternally waiting for a pot of water to heat up and boil. Discovering in horror that your “medium heat” has burned your over-medium fried egg to your favorite skillet. An expertly prepared soufflé comes out less than expertly in execution because of uneven cooking by an electric oven. The truth is, electricity has always been sub-par energy when used for cooking. The overwhelming choice of expert and novice chefs alike is definitely natural gas or propane.
Brian Mattingly, executive chef at the California Culinary Academy, when asked about this heated topic, conveyed his thoughts. He stated that in his over 20 years in the restaurant business he had not met one chef that preferred electric cooking over cooking with natural gas or propane. At his culinary institute, the over 2400 students enrolled in the program are all instructed on gas ranges because of their ease of control, their quick heating from cold ability, the simplicity of keeping them clean, and the affordability of use and maintenance.
A September 2004 survey taken among chefs in all types of restaurants nation-wide, showed Mattingly’s colleagues are mostly of the same opinion. Nearly all of the chefs, 96 percent, preferred a gas cooktop and 68 percent also preferred a gas oven over an electric one. 94 percent of chefs polled lauded gas for its overwhelming convenience. Other points praising gas included 72 percent of chefs preferring it for the greater temperature control it affords and 55 percent experienced faster cooking times and immediate heat when using gas ranges. Not only do these chefs prefer to use gas at the workplace, but 66 percent of the professional chefs polled also use natural gas to cook at their homes.
Perhaps a reason customers continue to use their old tired electric stoves is that gas is still not available in all areas. According to most professional chefs, everyone would be cooking more efficiently and deliciously in these rural areas if they would simply switch to propane fueled appliances in their kitchens. Propane is readily available and as clean burning a fuel as natural gas. Natural gas and oil energy companies like Triple Diamond Energy Corp perform the essential duty of extracting the necessary petroleum and natural gas from supplies across the U.S., refining and processing them in order that cooks and amateur chefs across the country have the necessary fuel (propane or natural gas) they need to help their kitchens run smoothly.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Brian Mattingly, executive chef at the California Culinary Academy, when asked about this heated topic, conveyed his thoughts. He stated that in his over 20 years in the restaurant business he had not met one chef that preferred electric cooking over cooking with natural gas or propane. At his culinary institute, the over 2400 students enrolled in the program are all instructed on gas ranges because of their ease of control, their quick heating from cold ability, the simplicity of keeping them clean, and the affordability of use and maintenance.
A September 2004 survey taken among chefs in all types of restaurants nation-wide, showed Mattingly’s colleagues are mostly of the same opinion. Nearly all of the chefs, 96 percent, preferred a gas cooktop and 68 percent also preferred a gas oven over an electric one. 94 percent of chefs polled lauded gas for its overwhelming convenience. Other points praising gas included 72 percent of chefs preferring it for the greater temperature control it affords and 55 percent experienced faster cooking times and immediate heat when using gas ranges. Not only do these chefs prefer to use gas at the workplace, but 66 percent of the professional chefs polled also use natural gas to cook at their homes.
Perhaps a reason customers continue to use their old tired electric stoves is that gas is still not available in all areas. According to most professional chefs, everyone would be cooking more efficiently and deliciously in these rural areas if they would simply switch to propane fueled appliances in their kitchens. Propane is readily available and as clean burning a fuel as natural gas. Natural gas and oil energy companies like Triple Diamond Energy Corp perform the essential duty of extracting the necessary petroleum and natural gas from supplies across the U.S., refining and processing them in order that cooks and amateur chefs across the country have the necessary fuel (propane or natural gas) they need to help their kitchens run smoothly.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Tuesday, December 18, 2007
Great Lakes Oil and Gas
Oil and natural gas companies continue to do their part in locating new domestic reserves in order to lighten America’s ever-deepening dependence upon foreign produced petroleum. Companies like Triple Diamond Energy Corp use all the tools at their disposal as they continually fine-tune their efforts. It seems, however, that at every turn, environmental lobbyists, petrified by accidents that have occurred in the past, take enormous pains to block each new site offered up for exploration by these companies. New oil and gas reserves are being discovered by private firms in much the same way that “wildcatters” and explorers found the deposits in the early years of exploring. The main differences should be shown to help better protect the environment, never to harm or destroy it. One such hotbed for lobbyists concerns the large deposits of oil and natural gas that many geologists believe lie in wait beneath the lakebeds of America’s Great Lakes.
The murky waters of Lake Michigan lie at the center of this debate because beneath its floor lies buried a 430 million year old coral reef. Oil and natural gas form in these areas of decayed and compressed matter, and the older and deeper buried, the more rewarding the deposit could quite possibly be. The invisible line that separates the United States and Canada runs through Lake Michigan’s broad waters. On the Canadian side, oil and natural gas exploration has continued, unimpeded and unfettered by legislation, providing Canadians with over 414 billion cubic feet of natural gas and over 85 million barrels of oil. Canadians benefit greatly from these domestic reserves and employ many newly improved and safer methods for their oil and gas extraction. The main method that has made gains in the last couple of decades in fine-tuning and success is directional drilling. This technique allows land based oil or natural gas rigs to drill through tons of rock and soil out into the lakebed without actually being constructed upon platforms on the lake proper. This allows drilling to take place miles offshore while also reducing the risk of spills into the precious body of water. Any spills would most likely take place on land, ensuring less environmental damage because of quicker and easier cleanup. This relatively low risk of spillage is reflected in the low cost of control-of-well insurance outfits must purchase in order to drill. Because more than 3800 well bores have been implemented without incident in Michigan alone, the cost of insuring each new well is a very affordable $33 a year.
Lobbyists for exploration companies continue to grapple in Washington with environmental lobbyists, weighing the pros and cons of further development; these deposits will continue to richen, as the debates continue.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
The murky waters of Lake Michigan lie at the center of this debate because beneath its floor lies buried a 430 million year old coral reef. Oil and natural gas form in these areas of decayed and compressed matter, and the older and deeper buried, the more rewarding the deposit could quite possibly be. The invisible line that separates the United States and Canada runs through Lake Michigan’s broad waters. On the Canadian side, oil and natural gas exploration has continued, unimpeded and unfettered by legislation, providing Canadians with over 414 billion cubic feet of natural gas and over 85 million barrels of oil. Canadians benefit greatly from these domestic reserves and employ many newly improved and safer methods for their oil and gas extraction. The main method that has made gains in the last couple of decades in fine-tuning and success is directional drilling. This technique allows land based oil or natural gas rigs to drill through tons of rock and soil out into the lakebed without actually being constructed upon platforms on the lake proper. This allows drilling to take place miles offshore while also reducing the risk of spills into the precious body of water. Any spills would most likely take place on land, ensuring less environmental damage because of quicker and easier cleanup. This relatively low risk of spillage is reflected in the low cost of control-of-well insurance outfits must purchase in order to drill. Because more than 3800 well bores have been implemented without incident in Michigan alone, the cost of insuring each new well is a very affordable $33 a year.
Lobbyists for exploration companies continue to grapple in Washington with environmental lobbyists, weighing the pros and cons of further development; these deposits will continue to richen, as the debates continue.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Sunday, December 16, 2007
Smaller Footprint, Less Impact
Environmentalists, deeply embedded in the heated debate over drilling within the Arctic National Wildlife refuge, are up at arms mostly because of the negative effects drill sites render upon the environment and the indigenous creatures that live and migrate across this large Alaskan expanse. Looking at drill sites of the 1900s to the 1970s, it is easy to see the concern. Drilling and exploration took up many an acre for their large, cumbersome machinery and production facilities. For instance, the Prudhoe Bay oil field, just several miles west of the Arctic National Wildlife Refuge, erected in the 1970s, consisted of 5000 acres of gravel, necessary for roads, drilling, and production facilities. Most of this area, in hindsight, was negligent and unnecessary. Improvements in efficiency during the following decades have made it possible to decrease this use of land by 60%, allowing for less encroachment upon the wild landscape of Alaska and other regions.
New developments in drilling have allowed drills to be more directional and extend their reach to reservoirs often three miles from the surface drilling location. In past decades, drills could only reach at most a mile and a half outward from the original drill site, necessitating the construction of more roads and more drills in order to fully explore the designated area. This advancement allows oil companies a deeper reach beneath the surface by each particular drill, so that they need not be moved across these virginal soils, resulting in less disturbance of the tundra. Other developments have made it possible to construct individual wells and their drill pads much closer together than in the past. In earlier decades, drill pads and production wells needed to be spaced no closer than 100 feet or more apart. Today, technological advancements in drilling techniques has allowed new drill sites to be much closer together than ever before, often as close as requiring only ten feet between each individual drill site. The number of wells that necessitated 65 square acres in the 1970s can now be built on a much smaller parcel of land, requiring less than nine acres today.
A promising advancement has been made in road construction itself. In the past, the roads were all built from gravel mounded atop the surface of the frozen tundra. Today, engineering has made it possible to build many of the roads necessary for exploration out of ice instead. When these roads melt, after exploration is complete, they simply absorb into the landscape leaving nary a trace of their existence. Triple Diamond Energy Corp and other oil providing ventures are working daily to develop new and exciting ways to extract the necessary oil possible for the United States, while performing their due diligence of keeping the environment intact for its enjoyment in years to come.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
New developments in drilling have allowed drills to be more directional and extend their reach to reservoirs often three miles from the surface drilling location. In past decades, drills could only reach at most a mile and a half outward from the original drill site, necessitating the construction of more roads and more drills in order to fully explore the designated area. This advancement allows oil companies a deeper reach beneath the surface by each particular drill, so that they need not be moved across these virginal soils, resulting in less disturbance of the tundra. Other developments have made it possible to construct individual wells and their drill pads much closer together than in the past. In earlier decades, drill pads and production wells needed to be spaced no closer than 100 feet or more apart. Today, technological advancements in drilling techniques has allowed new drill sites to be much closer together than ever before, often as close as requiring only ten feet between each individual drill site. The number of wells that necessitated 65 square acres in the 1970s can now be built on a much smaller parcel of land, requiring less than nine acres today.
A promising advancement has been made in road construction itself. In the past, the roads were all built from gravel mounded atop the surface of the frozen tundra. Today, engineering has made it possible to build many of the roads necessary for exploration out of ice instead. When these roads melt, after exploration is complete, they simply absorb into the landscape leaving nary a trace of their existence. Triple Diamond Energy Corp and other oil providing ventures are working daily to develop new and exciting ways to extract the necessary oil possible for the United States, while performing their due diligence of keeping the environment intact for its enjoyment in years to come.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
Saturday, December 15, 2007
Drilling in the Arctic Refuge
The United States’ largest oil-producing field lies in northeastern Alaska. The Prudhoe Bay oil field has been producing domestic reserves for the United States continuously since its discovery in 1968. The U.S. receives 17% of its domestically produced oil from Prudhoe via its transport through the Trans-Alaskan Pipeline to the port of Valdez, and then oil tankers bring it down to the lower states. Oil production has slowed over the years, and oil companies have been looking a little east of Prudhoe, to the Arctic National Wildlife Refuge, as geologists have shown a large reserve could be present within its boundaries. Presidents since Jimmy Carter have grappled with this hot potato issue. Weighing the environmental impact versus the energy producing reward is essential of course when considering excavation and extraction within a specifically set aside refuge.
The Arctic National Wildlife Refuge consists of 19 million acres of untouched land deemed necessary for the survival of Alaska’s indigenous wildlife such as the caribou. In 1987, the U.S. and Canada signed the Agreement on the Conservation of the Porcupine Caribou Herd treaty in order to help protect the herd and its migration routes from disruption and damage caused by development. An Energy Bill in the early 90s authorized drilling in the ANWR, but was thwarted by a Senate filibuster, and in 1995, Bill Clinton vetoed the entire budget proposal because it included a provision for drilling within the reserve.
Conflicting geological reports have not helped settle the controversy. In 1998, the United States Geological Survey released a report estimating that all of the oil would be found beneath the frozen ground of the western part of the reserve. Just a decade prior, in 1988, the U.S. Geological Survey had issued a report stating that all the oil would be found not in the western area, but instead in the eastern and central parts of the reserve. Estimates have shown that anywhere from 8 billion to 16 billion barrels could be located within the preserve, so the question remains, does the ends satisfy the means?
When looking at the U.S. daily demand, which is about 20 million barrels of oil consumed daily, the two estimated amounts of oil, if used as the only resource for oil would last the country about a year on the low side and around two years on the high side. The United States does not however need this oil to be it sole supplier, but as a supplemental resource to the imported and already domestically produced reserves. The debate continues. When this issue is settled, oil companies like Triple Diamond Energy Corp are ready to extract the oil requiring as minimal environmental impacts as possible.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
The Arctic National Wildlife Refuge consists of 19 million acres of untouched land deemed necessary for the survival of Alaska’s indigenous wildlife such as the caribou. In 1987, the U.S. and Canada signed the Agreement on the Conservation of the Porcupine Caribou Herd treaty in order to help protect the herd and its migration routes from disruption and damage caused by development. An Energy Bill in the early 90s authorized drilling in the ANWR, but was thwarted by a Senate filibuster, and in 1995, Bill Clinton vetoed the entire budget proposal because it included a provision for drilling within the reserve.
Conflicting geological reports have not helped settle the controversy. In 1998, the United States Geological Survey released a report estimating that all of the oil would be found beneath the frozen ground of the western part of the reserve. Just a decade prior, in 1988, the U.S. Geological Survey had issued a report stating that all the oil would be found not in the western area, but instead in the eastern and central parts of the reserve. Estimates have shown that anywhere from 8 billion to 16 billion barrels could be located within the preserve, so the question remains, does the ends satisfy the means?
When looking at the U.S. daily demand, which is about 20 million barrels of oil consumed daily, the two estimated amounts of oil, if used as the only resource for oil would last the country about a year on the low side and around two years on the high side. The United States does not however need this oil to be it sole supplier, but as a supplemental resource to the imported and already domestically produced reserves. The debate continues. When this issue is settled, oil companies like Triple Diamond Energy Corp are ready to extract the oil requiring as minimal environmental impacts as possible.
About the Author: Robert Jent is the president of Triple Diamond Energy Corp. Triple Diamond Energy specializes in acquiring the highest quality prime oil and gas properties. For more information, visit http://www.triplediamondenergycorp.blogspot.com.
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