The Green Files > Rising gas prices and suburbanization

ASPO International | The Association for the Study of Peak Oil and Gas -http://www.peakoil.net/headline-news/rising-gas-prices-and-suburbanization [ASPO International | The Association for the Study of Peak Oil and Gas -] Their reporter Eric Weiss reports on the long-time U.S. government policies that have subsidized gas and highways and allowed suburbs across the country to flourish over decades, and how these policies could now dramatically shift in the future.

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Walash's Webloghttp://usavote.wordpress.com/2008/07/25/will-more-drilling-mean-cheaper-gas/ [Walash's Weblog] Will More Drilling Mean Cheaper Gas?: As previously noted, there is a strong incentive for serial development of the ANWR resource, starting with the largest fields first.  As shown in Table 1, the expected size of fields developed in each year through 2030 declines over time.  Based on the field size distributions provided for USGS for each of the resource cases, the expected target field in 2030 is estimated to contain 180 million barrels of recoverable oil in the low (most unfavorable) resource case and even more oil in the other two resource cases.  Based on recent development practice, oil fields smaller than 10 million barrels of recoverable oil that lie in close proximity to existing developed fields in Alaska were deemed desirable development targets even when crude oil prices were substantially below their current level.12 Oil fields of 180 million barrels in proximity to even larger developed fields within ANWR are likely to present attractive development opportunities even at prices well below today’s level.  Crude oil prices could be a significant factor in determining whether much smaller fields within ANWR would also be attractive to develop.  However, decisions regarding such smaller fields would most likely be taken sometime after 2030, affecting production levels only after such fields are actually brought on line.

Climate Crisis Coalition - Daily Newshttp://www.climatecrisiscoalition.org/blog/?p=794 [Climate Crisis Coalition - Daily News] Weekend Summary: It’sa move that has angered the longtime standard-bearer for drilling in ANWR, US Sen. Ted Stevens, R-Alaska, who has vowed to put the issue back in front of his colleagues in the Senate”¦ The decision to drop the ANWR proposal comes as .

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