Tuesday, July 22, 2008

the latest lie about alaskan oil

we know that the high cost of gas is bothering you. (yeah, but have you seen exxon's stock lately? those guys are practically printing money.) we're not about to tell you that we have a magic bullet, because there isn't one. that includes the lastest b.s. being slung in dc about how opening up the alaskan national wildlife refuge to big oil will do anything but make dubya and tricky dickless's puppeteers even richer.

how do we know? because the dept. of energy ran a report on this very subject earlier this year, and estimated that - at most - drilling in alaska will only drop the price of oil by 75 cents/barrel. that's out of us$130/barrel, according to the latest figures on bloomberg. with gas at us$4/gallon, this represents a whopping savings of 2 and 1/3 cents per gallon.

best of all, it will only cost you every polar bear on the planet. fuck'em! our hummer is thirsty for yukon gold.