Quote:
Originally Posted by Schneed10
Further embarassment...
It's a well-known fact that Alaska is home to a huge oil reserve, one that would nearly double our supply of domestic oil if we tapped into it.
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The estimates are that there are between 5-16 billion barrels in ANWR
Arctic National Wildlife Refuge, 1002 Area, Petroleum Assessment, 1998, Including Economic Analysis (it's an old survey, 1996 so with newer methods more recoverable oil may exist).
By using this resource in a measured way, the US could reduce its dependence on
foreign oil by 5-10% for the next 12-15 years.