Energy Production From ANWR is Vital for Economic and Energy Security, Alliance for Energy and Economic Growth Tells Congress in Letter
Posted on: Tuesday, 13 December 2005, 18:00 CST
WASHINGTON, Dec. 13 /PRNewswire/ -- Energy production from a small portion of the Arctic National Wildlife Refuge (ANWR) is vital to economic growth and energy security, and should be approved by Congress this month, according to a letter sent to all members of Congress today by the Alliance for Energy and Economic Growth (AEEG).
The U.S. Senate's version of budget reconciliation legislation would allow energy producers to work in 2,000 acres of the 18-million acre wildlife refuge in Alaska. In its letter to Congress, AEEG said, "Our members believe that ANWR is one more critical part of securing America's energy future. While ANWR alone can't provide us with all the domestic energy we need, combined with the rapid development of other domestic oil and natural gas supplies, ANWR would make a tremendous difference, especially when coupled with greater energy efficiency, conservation and diversification. In addition, we must protect those Americans most at risk by supporting full funding of the Low- Income Home Energy Assistance Program."
The letter noted, "ANWR's Coastal Plain holds the nation's greatest potential for another Prudhoe Bay-size discovery. Conservative estimates from both the U.S. Geological Survey and the U.S. Energy Information Administration peg technically recoverable crude oil reserves at approximately 10 billion barrels. That is enough to provide the United States with 1 million barrels of oil a day for 30 years."
The Alliance for Energy and Economic Growth (AEEG) is a broad-based coalition whose members develop, deliver, or consume energy from all sources. With more than 1,200 member organizations and businesses, AEEG is seeking to build a national consensus for a comprehensive U.S. energy strategy that balances supply and demand, without compromising environmental safeguards, so that we can fuel America's dynamic economy and support our quality of life. For additional information, go to http://www.yourenergyfuture.org/.
Alliance for Energy and Economic Growth
CONTACT: Peggy Laramie, +1-202-824-7204, for Alliance for Energy andEconomic Growth
Web site: http://www.yourenergyfuture.org/
Source: PRNewswire
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