No need to drill in the ANWR:

From Wikipedia on Arctic Refuge drilling congroversy:

There have been conflicting reports as to the amount of oil in ANWR. A 1998 USGS study indicated at least 5.7 billion (95% probability) and possibly as much as 16.0 billion (5% probability) barrels (0.9 to 2.5 km³) exists in ANWR, with a mean value of 10.4 billion barrels (1.7 km³). Technically recoverable oil within the ANWR 1002 area (excluding State and Native areas) is estimated to be at least 4.3 billion (95%) and as much as 11.8 billion (5%) barrels (0.7 to 1.9 km³), with a mean value of 7.7 billion barrels (1.2 km³).

From today's news item, Fox Announces Major Mexico Oil Find

VERACRUZ, Mexico - President Vicente Fox climbed aboard a drilling platform in the Gulf of Mexico on Tuesday to formally announce a new deep-water oil discovery he said could eventually yield 10 billion barrels of crude oil.

An exploratory well dubbed Noxal 1 was drilled at a depth of 3,070 feet below the water, and is seeking a depth of 13,125 feet.

Okay, discovering oil somewhere else doesn't mean arguments about ANWR drilling (pro or con) are nugatory. But it's striking that the reserve estimates are the same.


posted by Quiddity at 3/14/2006 10:26:00 PM