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Is there enough oil beneath the Arctic National Wildlife Refuge(ANWR)to help s
Is there enough oil beneath the Arctic National Wildlife Refuge(ANWR)to help s
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2023-07-30
15
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Is there enough oil beneath the Arctic National Wildlife Refuge(ANWR)to help secure, America’s energy future?
President Bush【B1】______thinks so. He has argued that tapping ANWR’s oil would help ease California’s electricity【B2】______and provide a major boost to the country’s energy【B3】______But no one knows for sure how much crude oil lies buried beneath the【B4】______earth with the last government survey,【B5】______in 1998, projecting output anywhere from 3 billion to 16 billion barrels.
The oil industry goes with the high end of the range, which could equal as much as 10% of US【B6】______for as long as six years. By pumping more than one million barrels a day from the【B7】______for the next two or three decades, lobbyists claim, the nation could cut back on imports【B8】______to all shipments to the US from Saudi Arabia. It sounds good.【B9】______.
Not so far, say environmentalists. Sticking to the low end of government estimates, the National Resources Defense Council says there may be no more than 3.2 billion barrels of economically recoverable oil in the coastal plain of ANWR, a drop in the bucket that would do virtually nothing to ease America’s energy problems.【B10】______because drilling could only begin after much bargaining over leases, environmental permits and regulatory review. As for ANWR’s impact on the California power crisis,【B11】______. [br] 【B5】
Is there enough oil beneath the Arctic National Wildlife Refuge (ANWR) to help secure America’s energy future?
President Bush (26) certainly thinks so. He has argued that tapping ANWR’s oil would help ease California’s electricity (27) crisis and provide a major boost to the country’s energy (28) independence. But no one knows for sure how much crude oil lies buried (29) beneath the frozen earth with the last government survey, (30) conducted in 1998, projecting output anywhere from 3 billion to 16 billion barrels.
The oil industry goes with the high end of the range, which could equal as much as 10% of US (31) consumption for as long as six years. By pumping more than one million barrels a day from the (32) reserve for the next two or three decades, lobbyists claim, the nation could cut back on imports (33) equivalent to all shipments to the US from Saudi Arabia. It sounds good. (34) An oil boom would also mean a multibillion-dollar windfall in tax revenues, royalties and leasing fees for Alaska and the Federal Government.
Not so far, say environmentalists. Sticking to the low end of government estimates, the National Resources Defense Council says there may be no more than 3.2 billion barrels of economically recoverable oil in the coastal plain of ANWR, a drop in the bucket that would do virtually nothing to ease America’s energy problems. (35) And consumers would wait up to a decade to gain any benefits, because drilling could only begin after much bargaining over leases, environmental permits and regulatory review. As for ANWR’s impact on the California power crisis, (36) environmentalists point out that oil is responsible for only 1% of the Golden State’s electricity output--and just 3% of the nation’s.
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