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Strategies & Market Trends : Strictly: Drilling II
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To: nspolar who wrote (16774)8/2/2002 8:18:15 AM
From: Frank Pembleton  Read Replies (1) of 36161
 
Republicans to Wage Last-Minute Push for Alaska Oil Drilling

WASHINGTON, Aug 1 (Greenwire) - Republicans on the House-Senate conference committee on energy policy plan to join the White House in a "public relations campaign" after the August recess to open Alaska's Arctic National Wildlife Refuge to oil drilling by linking the issue with the threat of war with Iraq.

House Energy and Commerce Committee Chairman Billy Tauzin (R-La.) and Senate Energy Committee ranking member Frank Murkowski (R-Alaska) say ANWR drilling could produce enough oil to offset the amount that Iraq exports to the United States.

"What amazes me is this lack of a connection between all of this Iraqi stuff and the reality that we are importing somewhere between 800,000 and 1 million barrels a day from Iraq," said Murkowski.

Tauzin said he will use the congressional recess to gather more support for ANWR drilling. "Every year we decide not to produce this reserve for America is another year we send Saddam Hussein a $20 million check," Tauzin said.

Democrats on the conference committee have used similar opposition to Middle East oil to argue against opening ANWR to oil drilling, saying it would only prolong the country's oil dependence.

"If national security is the question, then fuel economy standards that are much higher for SUVs are the answer," said Rep. Ed Markey (D-Mass.).

"If we want to deal with that issue, then drilling in the Arctic is not the answer"

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