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Duffman · 06-08-2008, 12:05 AM

Well of course the price will go up but how much? Check these links:
http://en.wikipedia.org/wiki/Arctic_...ng_controversy
https://www.cia.gov/library/publicat.../2173rank.html
https://www.cia.gov/library/publicat.../2174rank.html

According to the Wiki link. Drilling in ANWR (the holy grail of the right wing we need to drill more domestic oil movement) will supply 5% of domestic needs for 12 years. U.S. consumption is 20 Mil barrels/day so ANWR is good for 1 Mil. World oil production is ballpark 80 Mil. Drilling in ANWR will increase world supply by 1.25%. What is that going to do for your pump prices?

By the way, the 30% number was off the top of my head, it might be 40% but that still doesnt change anything.

06-08-2008, 12:05 AM	#7 (permalink)
Duffman Master EcoModder Join Date: Mar 2008 Location: Edmonton, AB, Canada Posts: 531 Thanks: 11 Thanked 12 Times in 11 Posts	Well of course the price will go up but how much? Check these links: http://en.wikipedia.org/wiki/Arctic_...ng_controversy https://www.cia.gov/library/publicat.../2173rank.html https://www.cia.gov/library/publicat.../2174rank.html According to the Wiki link. Drilling in ANWR (the holy grail of the right wing we need to drill more domestic oil movement) will supply 5% of domestic needs for 12 years. U.S. consumption is 20 Mil barrels/day so ANWR is good for 1 Mil. World oil production is ballpark 80 Mil. Drilling in ANWR will increase world supply by 1.25%. What is that going to do for your pump prices? By the way, the 30% number was off the top of my head, it might be 40% but that still doesnt change anything. Last edited by Duffman; 06-08-2008 at 12:16 AM..