BP cannot drill in the ANWR because the gov't has placed a limit on the percentage of Alaskan crude that BP can own, so they do not want others to drill there, either. That's why they had to sell off the ARCO Alaska holdings to Phillips.
I noticed that this summer BP exploration pulled out of Alaska.
It would be nice for Alaska if BP would sell some of their leases to another company.
Have you heard anything about Phillips/Conoco's plans for NPRA this winter? I heard they had a bundle of cash for development and exploration.