Alaska Drilling. Is it Necessary?

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Drilling in the Arctic National Wildlife Refuge (ANWR) has become a controversial issue when Republicans included the measure in a major defense bill. According to Democrats and moderate Republicans the piece of legislation was embedded in a major defense bill that couldnt be turned down. The total bill passed 306 voting for it and 106 against (House Approves drilling, 2005).

The new defense bill will hopefully reduce the federal deficit by 40 billion over the next 5 years (House Approves drilling, 2005). In addition to deficit reduction some of the money will go for military supplies, helping hurricane victims and subsidizing heat to those in poverty. Republicans feel that the measures are necessary if the White House fiscal obligations will again be on track.

In 1987 a report directed to Congress indicated that there were 26 major oil fields in Alaska (Adams, 1995). These oil fields could potentially supply 10 billion barrels pumped at 365 million barrels a year (Cowen & Doggett, 2005). It would take over 27 years to remove all of the oil.

Even though, without doubt, that the oil revenues would help the economy and the local Alaskan population,...

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