$1 B/week In Iraq / 7 = $142.8 M/dy US oil imports ~ 10.8 M bar/dy
Therefore, $13.2/bar being spent on Iraq alone, to secure oil supplies from one country, in a (so far) losing cause.
Alternately, we could be getting a good head start on energy self sufficiency. Also, we would simply be fighting over something that will be running out in 20-40 years anyway.
What could we buy for our $300 B spent on the ‘Catastrophic Success’ so far?
U.S. Energy Consumption by Source
http://www.eia.doe.gov/emeu/aer/txt/ptb0103.html2000 data, all in Quadrillion Btu (Quads)
.....................Quads...% Total
Coal.................22.65....23.1
Natural Gas (Dry)....23.92....24.1
Petroleum............38.40....38.8
Nuclear Electric......7.86.....7.9..103 plants
Renewable.............6.16.....6.2
......................====....====
.....................98.99...100.0
For nuclear, to replace the energy from petroleum (would have to be converted to a carrier for transportation), we would need 503 addl. plants to replace the 38.40 Quads of petroleum based energy. In the 70’s, I seem to remember then costing $1-2 B, so let’s say $4 B/ea. Therefore, we would need $ 2,012 B (I recognize that next gen nuclear plants would be smaller than the current high pressure water plants of today, but for the purpose of exercise, it should get us in the ballpark).
How about wind? Per Heinberg, wind power potential in the US is 60 Quads. Let’s say we install 24 Quads of wind power to replace the 23.9 Quads of natural gas. This would require 667,000 turbines at $600,000/turbine, or $400 B. For wind, lets throw in $150 B of pumped hydro to store the wind power.
Also, we probably need to figure in $300 B in power grid improvements.
So, from the above, we spend $2,012 B + $ 400 B + $150 B + $ 300 B = $2,862 B to build the energy generation capacity to replace the energy from petroleum and natural gas.
So for $300 B, we could replace 10% of our petroleum and natural gas energy, or 30% of our imported petroleum energy. Not a bad start.
And Boosh wants to spend $2,000 B to ‘reform’ social security over the next 10 years.
How’s that for leadership.
Maybe we should just free the top petroleum producing country in 2002 from the tyrants that currently run it.