Famous quote by Allyson Schwartz

Mobile Desktop
Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumptio
Like

"Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market"

- Allyson Schwartz

About this Quote

This quote by Allyson Schwartz is referring to the Arctic National Wildlife Refuge (ANWR) in Alaska. Government professionals have estimated that the oil reserves in ANWR would just suffice to provide 6 months of oil for the United States. Furthermore, the oil market has actually estimated that it would take 10 years to bring this oil to the marketplace. This recommends that the oil reserves in ANWR are not a feasible solution to the United States' long-lasting energy needs. It is important to note that the oil market's estimates may be conservative, as they may not take into consideration the prospective technological advances that might lower the time it requires to bring the oil to the marketplace. Additionally, the ecological effects of drilling in ANWR need to be taken into consideration when evaluating the possible benefits of the oil reserves.

About the Author

USA Flag This quote is written / told by Allyson Schwartz somewhere between October 3, 1948 and today. He/she was a famous Politician from USA. The author also have 19 other quotes.

Go to author profile