[Siena Dreaming]

So does that mean that also drilling ANWR would make Alaska move up even from #8 on the list of world suppliers?

If the Federal waters are drilled, that will open the door to ANWR.

[21twelve]

I wrote the following on another thread regarding the impact of the civil war in Libya on the price of oil (and our gas):

A quick search found that Libya produces almost 2% of the world’s supply of oil, with production of about 1.6 million barrels a day.

The U.S. produces something like 5.5 million barrels a day, with the North Slope alone at 1.5 million a day. The small area to drill at ANWR (now off-limits) is estimated to peak at production of almost 0.9 million barrels a day.

[crusty old prospector]

ANWR is closed because liberals need an issue to demagogue to their environmental wacko constituents. No one in their right mind would ban any drilling there as the footprint would be minuscule. As far as the OCS, it is a very difficult and expensive drilling environment because of the ice. In the past, it has been done from manmade islands at a huge cost.