And the expected analysis, hauled out regularly on occasions like this.
WASHINGTON, April 29 (Reuters) – The Bush administration says the United States would be less addicted to foreign oil and fuel prices would be lower if Congress had only opened up Alaska’s Arctic National Wildlife Refuge to drilling.
But that claim doesn’t reflect the long lead time to develop the refuge’s huge oil reserves, which would not be available for several more years and initial volumes would still be small if Congress in 2002 had approved the administration’s plan to drill in ANWR, energy experts say.
This line of thinking invites paralysis: “Since that extra week of overtime won’t pay enough to buy a new car by June, I shouldn’t do the work, even though it might help raise the funds by November.”
Finally, with energy costs rising and reliance on foreign supplies growing, the argument for ANWR has only gotten stronger. It’s quite surprising that elected officials previously opposed to ANWR have not reassessed their positions given the serious consequences of inaction.
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