Senate Allows Arctic Drilling
March 16, 2005 -- The U.S. Senate endorsed oil drilling in Alaska's Arctic National Wildlife Refuge (ANWR) today. The bill narrowly passed by a 51 to 49 vote. Read More
Estimates on the amount of oil in Alaska range from 5-12 billion barrels. It is anticipated that about 1 million barrels could be withdrawn per day. The U.S. consumes more than a million barrels of oil per day.
Is it worth it?????
It is estimated that oil from ANWR could supply us with 3-5% of our current demand...