About the blog: What Things Are Made Of
AMERICA'S GLOBAL DEPENDENCY FOR NEARLY EVERYTHING
Thursday, April 29, 2010
Let’s play gossip
You’d think people could search around until they figured out the “truth,” whatever that may be. But it seems that many just latch onto the story of the moment, take a few highlights, add some embellishment, and pass it on.
Oil Statistics pages of my web site. It’s astonishing how many people ask whether or not it’s true that all of Alaska’s oil is exported to the Far East. And more astonishing how many, after I point out the answer with reliable sources, tell me I have to be lying and that I’m part of the conspiracy.
In 1996, when oil cost $12 a barrel and there was a glut of the stuff on the West Coast—refineries couldn’t handle it all—a law was passed allowing Alaskan oil to be exported. At a maximum of 7% of production. For four years, some oil was shipped to Japan, South Korea, and China. Only rarely was as much as 7% exported—the most was about 80,000 barrels per day when the US was consuming 19,000,000 barrels per day and Alaska was producing around 1,300,000 barrels per day.
In 2000, with prices up and the glut in West Coast refineries relieved, the State of Alaska and oil companies voluntarily ceased the exports, and since then every drop of Alaskan crude has gone to US refineries. But you’d be amazed how many people flat-out will not believe that.
More information and links are available on my Alaska Oil page.
Alaska Pipeline photo from US Geological Survey.