ANWR could allow America to produce about one million new barrels of oil per day, Bush said, which translates to about 27 millions gallons of gas and diesel for American drivers who line up at the pump everyday.

Bush said the environmentally safe exploration of the Alaskan refuge would mean a 20 percent increase in oil that would likely result in lower gas prices. "And yet such efforts to explore ANWR have been consistently blocked," Bush said.

"We'll look at any idea in terms of energy," Bush said. "Except, I will tell you this: that if Congress is truly interested in solving the problem, they can send the right signal by saying we're going to explore for oil and gas in the U.S. territories, starting with ANWR."

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