In ANWR, a Strategic Petroleum Reserve?

By February 18, 2007Energy

Last week when we were rolling out our “Energy Security for American Competitiveness” plan, NAM President John Engler got a question from the press about our position on expanding the Strategic Petroleum Reserve. Gov. Engler answered by saying that there’s a great big strategic petroleum reserve right now called the Arctic National Wildlife Refuge (ANWR).

In today’s WaPo, there’s a great op-ed entitled, “An Oil Reserve Right at Hand,” by Gal Luft, executive director of the non-partisan Institute for the Analysis of Global Security, making essentially the same point. Interesting that it comes from a group that looks at energy through the national security prism. Not sure why we wouldn’t want to be less dependent on foreign sources of energy.

Recall that ANWR is the size of the state of South Carolina and the proposed rilling footprint is one-fifth the size of Dulles Airport. And they will only be able to drill in the winter. The technology allows it to be done in an environmentally-safe way as well. And it holds a supply of oil equal to Texas’ on-shore reserves.

In any event, it’s a good read and makes some very salient points.

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