Environment & Energy

paleotn

(20,222 posts)

11. Yes, it is some point in the future. So is recouping investment in new crude infrastructure.

Fri Feb 28, 2025, 03:02 PM

Feb 28

You're thinking of now. If I'm thinking of investing in crude production from ANWR, I don't give two shits about now. I'm going to have to recoup the cost of that investment 10, 20, who knows how many years into the future. If crude consumption peaks and declines due to EV adoption during that time, I'm stuck with a shit ton of investment I'm going to have hell of a time recovering. Thus, I won't invest in drilling ANWR. Too risky. That's my point. In that calculus, now is irrelevant.

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Local residents outraged by new plans for massive area teeming with life: 'He's fixated' [View all] Judi Lynn Feb 28 OP

Gee. Who ever saw that coming when you voted for Mump, Alaska? Scrivener7 Feb 28 #1

Correct me atreides1 Feb 28 #2

ANWR Is a GOP fetish object . . . hatrack Feb 28 #3

Too Expensive modrepub Feb 28 #4

Excellent synopsis. TY. NoMoreRepugs Feb 28 #5

And the future economics of crude itself are not good. Certainly medium to long term. paleotn Feb 28 #6

Hope You're Right modrepub Feb 28 #10

Yes, it is some point in the future. So is recouping investment in new crude infrastructure. paleotn Feb 28 #11

Even if the federal government heavily subsidizes infrastructure for access & transportation? Martin Eden Feb 28 #9

Zero bids in the lastest auction (January 2025); only bidder in 2021 was the State of Alaska hatrack Mar 1 #12

Thanks modrepub Mar 1 #13

The Orange Gargoyle... GiqueCee Feb 28 #7

Theodore Roosevelt said bronxiteforever Feb 28 #8