EIA says ANWR likely has 5.7 billion bbl of recoverable oil

The US Energy Information Administration has reported that the coastal plain of the Arctic National Wildlife Refuge could contain as much as 16 billion bbl of recoverable oil, much of it economically recoverable. The EIA report, using US Geologic Survey data, projected a 95% probability of at least 5.7 billion bbl of oil in ANWR, a 5% probability of at least 16 billion bbl, and a mean value of 10.3 billion bbl.

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