Friday, September 05, 2008

ANWR Oil Reserves

Some numbers to mull on ...

Mean estimate of ANWR Area 1002 Technically Recoverable Oil
7.7 billion barrels**

US proven oil reserves
21.8 billion barrels

**This estimate is only for the federally controlled area, and was done when oil was at $20/bl. Given that oil is more than 5 times that number, ANWR could have substantially larger oil reserves.

No comments: