MORE ANWAR BS

The wingnuts talk and write as if ANWAR has as much oil as Saudi Arabia and if it weren't for those nasty, anti-capitalist Democrats, we wouldn't be paying so much for gasoline right now. Reuters let us know that even if the 2002 bill to allow drilling was passed, we still wouldn't have any oil now. (h/t David Kurtz at TPM)

ANALYSIS-Bush drilling plan wouldn't have eased pump prices
Tue Apr 29, 2008 6:17pm BST
By Tom Doggett

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.

The Energy Information Administration, which is the Energy Department's independent analytical arm, estimated that if Congress had cleared Bush's ANWR drilling plan the oil would have been available to refiners in 2011, but only at a small volume of 40,000 barrels a day -- a drop in the bucket compared with the 20.6 million barrels the U.S. consumes daily.