PDF _ RS21030 - ANWR Development: Economic Impacts
24-Jan-2006; Bernard A. Gelb; 6 p.

Update: May 26, 2006

Previous Reports:
NLE/CRSreports/05Oct/RS21030.pdf
NLE/CRSreports/02feb/RS21030.pdf

Abstract: The 109th Congress may again decide whether to continue to protect the ecosystem on the coastal plain of the Arctic National Wildlife Refuge (ANWR) or to open it to oil and gas drilling – with good prospects of finding economically recoverable amounts of oil. Less certain are the actual amounts of oil and gas to be found, the impacts of development on world oil prices and on the U.S. economy, including employment — although recent substantial increases in oil and gas prices tend to boost estimates of economically recoverable oil.

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Topics: Public Lands, Economics & Trade

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