Amazing how pessimistic/realistic dubya's DoE becomes with only a few months left. After lying for 7+ years, maybe all the DoE political rats/censors have jumped from dubya's sinking rust bucket?

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"A May 2008 re-analysis by EIA, “Analysis of Crude Oil Production in the Arctic National Wildlife Refuge,” in fact found
In the mean ANWR oil resource case, additional oil production resulting from the opening of ANWR reaches 780,000 barrels per day in 2027…

The opening of ANWR is projected to have its largest oil price reduction impacts as follows: a reduction in low-sulfur, light crude oil prices of … $0.75 per barrel in 2025 for the mean oil resource case,
There are 42 gallons in a barrel, so that’ll be about two cents a gallon. I’ve said it before and I’ll say it again — don’t spend it all in one place, America."

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So much investment for drilling, so little investment for oil conservation.

How much oil in ANWR? Estimates are that the USA could consume all the ANWR oil in under 1.5 years, high-end estimate.

From now to 2027, who doubts that oil conservation (if the US ever attempts conservation of anything except the wealth of the conservatives) and alternatives will nullify the need for all the all in ANWR?

One of the companies "Who Killed the Electric Car" in 90s is coming out in only 18 months with an ... electric car.

http://dvice.com/archives/2008/06/gm_approves_vol.php