The oil under this wilderness will last the US six months. But soon the drilling will begin
Senate backs exploitation of Alaskan wildlife refuge
Friday March 18, 2005
The Guardian
It is described as the last great American wilderness and has been the battle ground between America's most powerful oil interests and environmentalists for more than two decades. But yesterday the giants of the energy industry were celebrating a significant victory and looking forward to the chance to move into one of the most lucrative oil fields left in the US, following the Senate's narrow 51-49 decision to open up the pristine Arctic National Wildlife Refuge in northern Alaska.
On the day that oil hit a record high of $56.46 a barrel, the soaring price and US energy insecurity were blamed for the decision. But Americans were divided on whether the decision made economic or ecological sense.
President George Bush said that exploiting oil in the Alaskan wilderness was good for security and the national economy. "This is a way to get some additional reserves here at home on the books. In terms of world supply ... demand is outracing supply, and supplies are getting tight. This project will make America less dependent on foreign sources of energy, eventually by up to a million barrels of oil a day."
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http://www.guardian.co.uk/oil/story/0,11319,1440750,00.html