The US Secretary of Commerce Carlos Gutierrez spoke to Alaskans on the importance of ANWR oil and gas resources to the nation. Secretary Gutierrez was visiting Alaska with Alaskan Senator Ted Stevens and addressed the Greater Fairbanks Chamber of Commerce on the issue. The Secretary commented often on the price of oil and how ANWR resources could have an impact on it.
Washington – The Congressional Research Service released a review of ANWR tax revenue estimates stating that due to the increased price of oil the 10-02 Area of ANWR would be worth $94.8 billion in federal income taxes and $42.8 billion in royalties, totaling $138 billion. That is a staggering figure unequaled by any other energy source in the nation.