[Congressional Record Volume 161, Number 167 (Tuesday, November 10, 2015)]
[Senate]
[Pages S7905-S7906]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
PETROLEUM ADMINISTRATION FOR DEFENSE DISTRICT 5
Ms. MURKOWSKI. Now, Mr. President, I would like to turn quickly to a
Department of Energy proposal to construct a new petroleum product
reserve
[[Page S7906]]
on the west coast. We call this PADD 5, short for Petroleum
Administration for Defense District 5. PADD 5 is important because it
consumes 17 percent of the Nation's gasoline, 13 percent of its diesel
fuel, and 30 percent of its jet fuel.
At the same time, PADD 5 is geographically isolated, according to the
Energy Information Administration. The approximately 30 refineries
operating on the west coast are responsible for supplying nearly all of
its petroleum products.
The argument for a product reserve is relatively straightforward.
Because PADD 5 is separated from the rest of the country by the Rocky
Mountains and from the world by the Pacific Ocean, a stockpile of
refined fuel should be established. That is the argument that is out
there. I don't oppose a study of this concept, but I can see the
pitfalls out there. PADD 5 imports over 1 million barrels of crude oil
and petroleum products each day, suggesting that it really is not cut
off from the world in the first place. And bear in mind the size of the
district that we are talking about. Any stockpile would have to be
really enormous to have significant impact.
Finally, would Federal gasoline reserves supplement or replace
commercial stocks? That is a question that needs to be asked.
So perhaps the solution is not a refined product reserve at all but
instead a return to basics, and that basic is crude oil. After all,
there are reasons we chose crude oil instead of the products when we
first created the Reserve. By and large, that rationale hasn't changed.
First, oil is better suited, chemically and economically, for long-term
storage underground, we don't have seasonal specifications on oil as we
do on gasoline, and oil can be processed into an array of products
while gasoline cannot.
Very quickly, taking this back to Alaska, a gasoline reserve on the
west coast of any size would be small potatoes when compared to the
incredible resource base we have in Alaska. For decades now, tankers
have shipped North Slope crude to the line of refineries that stretch
from Anacortes, WA, down to Los Angeles. Drivers up and down the coast
fuel their cars with gasoline that is refined from this Alaskan oil
every day.
Alaska North Slope crude oil is chemically similar to the kinds of
oil stored in the SPR. In fact, according to the Department of Energy,
over 30 million barrels of Alaskan oil have been stored in the
Strategic Petroleum Reserve. West coast refineries are optimized to run
Alaskan crude. The Trans-Alaska Pipeline System is only pumping about
500,000 barrels per day, down from 2 million barrels per day at its
peak. So there is plenty of room in our already built, already
operating pipeline. The problem is--and you have heard me say this
before--the Federal Government controls some 60 percent of the land in
our State. More than 10 billion barrels of oil are buried under our
onshore Federal lands alone, to say nothing of what is held in our
offshore waters but remain almost universally inaccessible to American
explorers and producers. That includes about 10 billion barrels in the
nonwilderness portion of ANWR, where we are asking for permission to
develop 2,000 acres or 0.01 percent of the surface of the refuge. That
is all we are asking to access. Beyond our ANWR resources, we have at
least another 900 million barrels in our National Petroleum Reserve,
which is an area that is specifically reserved for development. The
estimate on the 900 million barrels there is that it is likely far too
low.
For the record, I would add that Alaskans overwhelmingly support
development of both of these areas. More than 70 percent of Alaskans
want development, understanding the significant economic benefits it
will bring and the strong record of environmental stewardship we have
in the State.
We have an opportunity. We have an opportunity to develop our
resources in order to create jobs, generate revenues, and bolster our
Nation's security and competitiveness. By doing this, we can actually
address not just one but two threats: First, the Trans-Alaska Pipeline
is just one-third full; in large part because of the anti-energy
decisions made by this administration and the west coast is more
vulnerable to supply disruptions as a result of falling production.
You think about a crisis situation in the Middle East. The west coast
will need more oil. Its refineries are ready to run Alaskan crude and
Alaskans are ready to ship it, but there is nothing to ship because the
oil is still in the ground and there is no way to transport it from the
North Slope to the terminals along the southern coast of the State.
I am not talking about keeping our oil in pristine condition, never
to be used. Energy is not fine china that you keep up on a shelf. The
Strategic Petroleum Reserve is not a petroleum preserve. Our strategic
stocks, barrels ready to go, should rarely be tapped, but Alaskan
resources are already part of the daily life of Californians,
Hawaiians. The resource must be accessible, though, but first they need
to be accessed.
Opening Alaska's resources now would ensure that more oil is
transported through TAPS. A healthy pipeline would ensure that oil can
be shipped from Alaska to fuel the west coast refineries when they need
it and help ensure that energy remains affordable for the west coast.
Instead of constructing an entirely new product reserve, as some are
contemplating, perhaps what we should do is preserve the infrastructure
we have already built and leverage it to boost our energy security. Why
would we want to build a reserve when you can prevent a shortage in the
first place by letting a State that wants to produce oil go ahead and
produce the oil? To me that is sound, strategic thinking. That would be
a policy that benefits us instead of simply costing more money that we
don't have. That is the kind of thinking that I believe our Nation and
our future generations should have.
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