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$4.00 a Gallon President!

Sarah Palin Facebook LiesYes I remember the $4.00+ a Gallon President… His Name was George W Bush and in the Summer of 2008 under President George W. Bush a gallon of gas was over $4.00 per gallon.

Of course as time went on the prices came back down including the first two years of the Obama Administration. So now they are headed back up, and if ANYONE believes that ANY United States President can directly affect and control oil prices, are the most delusional people on the planet! Any high school student knows that oil prices are affected by the world economy, oil speculators and global demand. Of course in the Tundra Twit’s Pea Brain, She feels and wants you to believe with her pathetic talking points that Oil Prices are driven by Oil Production and Oil Reserves. And no surprise, according to her, the best place for this production is right up there in Alaska. If you believe that bull shit then go ahead and buy that bridge to NOWHERE she wants to sell you!

In the highlighted box above I want to focus on the most important LIE that the Tundra Twit is trying to tell you. This is what she stated on Facebook, Direct Quotation:

Exhibit C: His anti-drilling regulatory policies. The U.S. Geological Survey found that the area north of the Arctic Circle has an estimated 90 billion barrels of technically recoverable oil and 1,670 trillion cubic feet of technically recoverable natural gas, one third of which is in Alaskan territory. That’s our next Prudhoe Bay right there. According to one industry study, allowing Royal Dutch Shell to tap these reserves in Alaska’s Chukchi and Beaufort seas would create an annual average of 54,700 jobs nationwide with a $145 billion total payroll and generate an additional $193 billion in total revenues to local, state, and federal governments over 50 years.

Liar, Liar, Liar!

90 Billion Ms. Palin? That sure is odd, as ANYONE can Google and find these statistics… In 1998, the USGS estimated that between 5.7 and 16.0 billion barrels (2.54×109 m3) of technically recoverable crude oil and natural gas liquids are in the coastal plain area of ANWR, with a mean estimate of 10.4 billion barrels (1.65×109 m3), of which 7.7 billion barrels (1.22×109 m3) lie within the Federal portion of the ANWR 1002 Area. In 2010, the U.S. Geological survey lowered this estimate by 90 per cent to 896 million barrels as it was found to contain much more natural gas than previously thought.

The total production from ANWR would be between 0.4 and 1.2 percent of total world oil consumption in 2030. Consequently, ANWR oil production is not projected to have a large impact on world oil prices. Furthermore, the Energy Information Administration does not feel ANWR will affect the global price of oil when past behaviors of the oil market are considered.

Okay so based on the “Mean” estimate Palin bloated her number by 900%, But what is even worse based on the new 2010 Estimates she bloated her number by over 9,000%!!! Now some people Lie but Ms. Palin LIES by a Magnitude of 9,000 Percent! So if she is lying at this magnitude what does that tell you about her “Job Forecast?” I would love to know what “Nationwide” Jobs this is going to create. Since when does it take nearly 55,000 people to punch a few holes in the arctic tundra? If the Drilling and Production is happening in Alaska just how does this generate jobs in the lower US?

But Why? Why is Sarah Palin Lying to You?

Perhaps this little known web site below will give you a clear picture. The real crack up is, this web site basically backs up what the USGS states and Alaska and Big Oil is spending big money paying off politicians like Fred Upton and Paul Broun to convince you that Drilling in the ANWR Wilderness is Good for the Country. If You do not believe me, then look at this letter from Fred Upton to President Obama.

The Alaskan Oil Lie
So basically this Alaska Coalition Site is Telling you that they are in a panic because with all the holes they’ve punched they are now running out of oil, hence losing income to the state.
So their goal is to convince America that it will be good and beneficial to punch a few more holes in the tundra to bring production and their revenue stream

back up and Sarah Palin is grossly exaggerating the numbers to try and sell America on the idea. The truly sad thing here is they are not 

telling you is they want to spend close to 200 Billion to buy 2.6 months of oil for the USA. Do the Math. Based on the latest estimates from the USGS they are estimating a little over 800 Million Barrels of oil in ANWR. the USA consumes 10 million barrels a day. Other experts have equated that the oil reserves in ANWR is equivalent to an eye dropper to a full barrel of oil for what the middle east has.

For those of you who feel that employing a few thousand oil workers on the North Slope of Alaska to bring this country 2.6 months worth of oil is a sound investment please raise your hand!