[Old School]

It wouldnt really affect prices becuase there isnt enough oil there to help. Experts predict that the peak amount of oil we could get from ANWR is around 780,000 barrels per day by the year 2030( The US consumes around 20 million barrels a day), and thats assuming that we started drilling there today.

Earlier studies by the EIA gave a higher figure for max oil output in ANWR, but those figures have changed, and those are the ones I used in this post.

EIA said its projection is that ANWR oil production would amount to 0.4 percent to 1.2 percent of total world oil consumption in 2030. The figure is low enough that OPEC could neutralize any price impact by decreasing supplies to match the additional production from Alaska, EIA noted.

that pretty much just said that drilling in ANWR is a waste. And in my opinion so is drilling all these new offshore sites that the Idiot bush is proposing. But If you watch fox (and you have admitted you are a fan of the Faux news network)you would probably assume that we must drill, and drill now, becuase thats all they have been reporting for months now.

http://www.usnews.com/articles/news/nati...rices.html

http://www.adn.com/anwr/story/414808.html

http://www.msnbc.msn.com/id/4542853/

Yes I admit, I watch FOX News the most watch news network in the World, along with the other networks. In my opinion it is ridiculous to believe Americas growing energy demands can be met by just wind, solar and geothermal anytine in the near future let alone within the next 10 years as Gore suggest.

By drilling in ANWR and off the coast the U.S. can add millions of barrels of oil daily, not counting the oil that can made from coal, and by doing this we would increase our surplus of oil lowering the price futher. While drilling for more oil and turning Coal to liquid we can also build nuclear power plants and still continue to better develop the wind and solar power systems.

Oil and Coal alone will not solve the long term energy problems, but it will give us time to develop new systems and expand on what we now know. The transition from oil and coal will not happen overnight, or over the next decade, it could take forty years or more if then even.