ConocoPhillips, BP Announce West Sak Heavy Oil Expansion

While this announcement from the Big Two on the Slope is good news, we should remember that the 45,000 barrels of oil per day that ConocoPhillips and BP hope to wring from West Sak by 2007 is not very much relative to the 935,000 barrels per day that were shippped down TAPS in June.

West Sak, at 45,000 BPD, is not going to save TAPS or Alaska. (Permanent instability in the Persian Gulf and Russia, however, just might.)