Political Quotes

“I wish to enter a short colloquy with my good friend, the Senator from Louisiana, and ask her if the anticipated opening of ANWR would not require construction of 19 double hull tankers, some of which would be constructed in her State, from Mississippi or Alabama, costing about $4 billion? I think we have several of those ships underway now, creating 5,000 jobs each for 17 years. These are figures that have been released to me by the American Petroleum Institute, estimating that 19 new double hull tankers of a millennium class will be needed if ANWR is open. The assumption is that ANWR will produce 10.3 billion barrels of oil. That is about what has come out of Prudhoe Bay, for a 60-year production life, and the new tankers would be needed because the old North Slope tankers are being phased out in their entirety by the year 2015. That is when the double hull requirements come into effect. There would be more jobs created because the Jones Act requires that the American oil be transported in U.S.-flagged vessels, built in U.S. shipyards, with U.S. crew, transported within the United States, which is from Alaska and the west coast, which he agreed, according to API's analysis, assuming ANWR passes, it will include any ban on ANWR oil being exported outside the United States. It also assumes that ANWR oil will be transported by tankers to refineries primarily in Washington, California, and Hawaii.”