Estimated by who? Al Gore? Another one of those made up "Facts" the Leftists throw out there that have no base in reality
Its estimated, though, that opening the Arctic National Wildlife Refuge to the oil industry would reduce crude oil prices, now more than $130 a barrel, by about 75 cents a barrel.
A month age Senator Schumer ,D-NY said if ANWAR produced 1 million barrel of oil a day it would lower the price of oil 1¢/barrel. Last week he said if the Saudis increased their production 1 million barrels/day, it would lower the price by $25.00/barrel. Who has he been consulting for facts, a Gypsy palm reader.