- #36
wildman
- 31
- 4
Once again. ANWR contains less than 15 bbls (50% prob), a lot less than the OCS. While it once again will not hurt, it is not going to affect the price of oil in any significant manner either. The big thing about ANWR is that it is relatively cheap oil so the profits are much higher than in the OCS (where for many wells, the profits are near zero for even $100 a barrel oil).