econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 24 August 2015

Infographic Of The Day: The Alaskan Arctic Oil Drilling Controversy Explained

The Federal Bureau of Ocean Energy Management (BOEM) calculates a 75 percent chance of one or more spills of more than 1,000 barrels of oil over the next several decades if Arctic drilling proceeds as planned.

In 2014, the United States consumed 6.95 billion barrels of petroleum products, an average of 19.05 million barrels per day.
 
The National Petroleum Reserve – Alaska (NPRA) is about 24 million acres of land owned by the federal government. In 2010, the U.S. Geological Survey (USGS) estimated that the NPRA area contains about 896 million barrels of undiscovered oil (only one-tenth of what had been estimated in 2002).
 
The Arctic National Wildlife Refuge (ANWR) was established in 1960 to conserve its fish, wildlife and plants. ANWR has about the same area as the state of South Carolina. The area also includes the Inupiat native lands of Kaktovik, with a population of 5,000 to 7,000. The USGS estimates 10.4 billion barrels of oil lie beneath the ANWR.
 
Since 1977, the “1002 Area” has been controversial due to oil companies’ desire to drill for the estimated 7.7 billion barrels of oil in that area.
 
BOEM calculates that there’s a 75 percent chance of one or more spills of more than 1,000 barrels of oil over the next 77 years, given 500 wells and 4.3 billion barrels of oil produced. The Exxon Valdez spill in1989 spilled an estimated 260,000 to 900,000 barrels; the Deepwater Horizon spill in the Gulf of Mexico in 2010 spilled about 4.9 million barrels.

[click here to enlarge infographic]

Details about oil-drilling areas in Alaska.
Source:LiveScience

Source: http://www.livescience.com/51948-the-alaskan-arctic-oil-drilling-controversy-explained-infographic.html

Click here for Historical Infographic Post Listing



>>>>> Scroll down to view and make comments <<<<<<










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.




Econintersect Infographics


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Why Long-Run Theories of Profit and Accumulation Fall Short
Brexit - Who Wins and Loses
News Blog
March 2017 CFNAI Super Index Moving Average Declined
What Is The Informal Labor Market?
Changes In Labor Force Participation
Infographic Of The Day: 10 Habits Of Millionaires For Building Wealth
Early Headlines: Asia Stocks Mostly Up, China Down, Dollar And Oil Up, Gold Down, European Stocks Open Up, 2nd SCOTUS Seat For Trump?, SCOTUS Gets Gerrymander, UK Has Huge Gender Pay Gaps, And More
Most Read Articles Last Week Ending 22 April
GOP Healthcare Plan Would Cost The Poor And Old The Most
These Amazing Creative Animals Show Why Humans Are The Most Innovative Species Of All
Earnings And Economic Reports: Week Starting 24 April 2017
What Americans Think About Climate Change
What We Read Today 23 April 2017 - Special Public Edition
What We Read Today 23 April 2017
What Would A Civilization 1 Billion Years Older Than Us Be Like
Investing Blog
Market And Sector Analysis 23 April 2017
Markets Rally As Expected
Opinion Blog
America's Gilded Age 2: On The Rocks
What Does The Strong Q1 Growth Mean For China?
Precious Metals Blog
Three Gold Plays For The New Era Of Chaos
Live Markets
24Apr2017 Pre-Market Commentary: Wall Street To Open Sharply Higher, WTI Crude Falling Again, US Dollar In The High 98's, DOW Up Triple Digits
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved