Possible Federal Revenue from Oil Development of ANWR and Nearby Areas
"This report estimates the potential revenues to the United States Treasury from Arctic National Wildlife Refuge (ANWR) oil development should Congress approve such development. [The report] has been prepared according to key oil price assumptions. More specifically, estimates of potential fede...
| Main Author: | |
|---|---|
| Format: | Report |
| Language: | English |
| Published: |
Library of Congress. Congressional Research Service.
2008
|
| Subjects: | |
| Online Access: | http://digital.library.unt.edu/ark:/67531/metadc462206/ |
| Summary: | "This report estimates the potential revenues to the United States Treasury from Arctic National Wildlife Refuge (ANWR) oil development should Congress approve such development. [The report] has been prepared according to key oil price assumptions. More specifically, estimates of potential federal revenues are based on market oil prices -- the price at which the ANWR output would be sold -- of $60, $80, $90, $100, and $125 per barrel" (p. CRS-1-2). |
|---|