5 Reasons to drill in Arctic National Wildlife Refuge instead of draining petroleum reserve

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5 Reasons to drill in Arctic National Wildlife Refuge because Biden energy plan doesn’t fix problem. ANWR would boost oil production, not drain existing supplies.

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The SPR, like all federal programs, requires tax dollars to maintain and operate. In contrast to the SPR’s drain on government resources, the costs of developing ANWR would be undertaken entirely by the private sector. In addition, ANWR would generate leasing revenues, royalties, and income tax revenues that, by one estimate, could total $150 billion to $296 billion dollars for the federal government and state of Alaska.

 

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