Reply #73: ANWR Holds Between 6 and 16 Billion Barrels Of Oil [View All]

[mhr]

The world uses 80 Million Barrels of Oil per day.

6 Billion barrels = 75 days of world supply

16 Billion barrels = 200 days of world supply

The US uses 20 Million Barrels of Oil per day.

6 Billion barrels = 300 days of US supply = .83 years

16 Billion Barrels = 800 days of US supply = 2.2 years

It will take 5-10 years before a drop of this oil hits a refinery.

Hardly seems worth the effort when raising the CAFE standards would save more than we get with drilling.