Link:
http://www.nytimes.com/2005/02/21/politics/21refuge.html?Comment: The Bush-Cheney energy policy is back at square one. The gist of the story is that there isn't enough oil in ANWR to justify commercial exploitation.
Big Oil Steps Aside in Battle Over Arctic
By JEFF GERTH
Published: February 21, 2005
WASHINGTON, Feb. 20 - George W. Bush first proposed drilling for oil in a small part of the Arctic National Wildlife Refuge in Alaska in 2000, after oil industry experts helped his presidential campaign develop an energy plan. Five years later, he is pushing the proposal again, saying the nation urgently needs to increase domestic production.
But if Mr. Bush's drilling plan passes in Congress after what is expected to be a fierce fight, it may prove to be a triumph of politics over geology.
Once allied, the administration and the oil industry are now far apart on the issue. The major oil companies are largely uninterested in drilling in the refuge, skeptical about the potential there. Even the plan's most optimistic backers agree that any oil from the refuge would meet only a tiny fraction of America's needs.
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Whether that battle will be worthwhile, though, is not clear. Neither advocates nor critics can answer a crucial question: how much oil lies beneath the wilderness where the administration wants to permit drilling?