Geologic assessment and production forecasts for the ANWR 1002 Area

04/21/2003
By all accounts, petroleum comprises a crucial resource associated with the 1002 Area of the Arctic National Wildlife Refuge (ANWR). But if so, how much oil is estimated to exist, and on the basis of what evidence? How much of this resource is believed to be commercial, and at what rates might it be produced? And under what price scenarios?This second part of a four-part series summarizes the answers.Such questions are central to the debate over the 1002 Area, as the answers to them serve as a basis for estimating, in turn, potential effects on the Alaska and US economies, including import dependence. However, such answers cannot be delivered simply, with deft mention of a few numbers and...
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