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Increasing the supply of oil should lower the price, but the problem is that we can't refine it quickly enough. We haven't even had a new refinery built in 30 years, thanks to the damn hippies, and the ones that we do have run at 90% of capacity.
ANWR is a 19 MILLION acre refuge. Of that, Bush is proposing 1.5 million acres to be set aside for oil exploration. Out of that 1.5 million acres, only 2,000 acres will be devoted to drilling. That's .01% of the refuge.
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1983 944 - Sable Brown Metallic / Saratoga / LSD : IceShark Light Kit
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