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 worlds 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.
Thanks for the info.