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American Energy Independence and Price Reduction Act
To direct the Secretary of the Interior to establish and implement a competitive oil and gas leasing program that will result in an environmentally sound program for the exploration, development, and production of the oil and gas resources of the Coastal Plain of Alaska, and for other purposes.
Other Bill Titles (3 more) 5/21/2008--Introduced.
American Energy Independence and Price Reduction Act - Directs the Secretary of the Interior to implement a competitive leasing program for the exploration, development, and production of the oil and gas resources on the Coastal Plain of Alaska. Amends the Alaska... moreSee Full Bill Text
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Bill Status
| Introduced |  | Voted on by House | | Voted on by Senate | | Considered By President | | Bill Becomes Law |
| May 21, 2008 |
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In the News
May 27, 2008 Congressman switches mind on ANWR
Congressman Bartlett (R-Maryland) says the bill is called "The American Energy Independence and Price Reduction Act" (HR 6107), which he has co-sponsored ...
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Blog Coverage
October 02, 2008 YouTube Video Proves Dems Are Lying about Financial Mess
Congressman Don Young [R-AK] urging the opening of ANWR and the development of American Energy Sources. His bill, HR 6107, the American Energy Independence and Price Reduction Act, would open ANWR ...
Source: Vote mccain-Palin 2008
September 27, 2008 Rep Don Young Urges Producing American Energy & Opening ANWR
His bill, HR 6107, the American Energy Independence and Price Reduction Act, would open ANWR and use the approximately $200 billion in federal revenue generated to develop Alternative Energy sources.
Source: Live Funny Video Extreme
September 24, 2008 Democratsâ âKill Drillâ Bill ~ Remember This On Nov.4th !
His bill, HR 6107, the American Energy Independence and Price Reduction Act, would open ANWR and use the approximately $200 billion in federal revenue generated to develop Alternative Energy sources. Rep Don Young Urges Producing ...
Source: Solar Wind Energy News
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Comments
According to DoE analysis, drilling ANWR will reduce the cost of oil by 75 cents per _barrel_, once it comes online a decade or more from now. This would be a waste of money that could be much better spent developing alternative energy infrastructure and implementing real conservation and demand reduction measures.
How is drilling for our own oil in our own land a waste of money? We need to be fuel independent. While I agree we should look for alternate methods of fueling ourselves, there's no reasonable explanation as to why we cannot drill for oil here too.
Drilling for oil in ANWR is a waste of money because that money could be invested into policies that actually move us in the direction of energy independence rather than perpetuating dependence on a finite resource. According to the May 2008 EIA Analysis of Crude oil production in ANWR, even at peak production the 10-02 area will only supply 780,000 barrels per day. Although this seems high, it is small relative to the average U.S. consumption of 20.8 million barrels per day (https://www.cia.gov/library/publications/the-world-factbook/geos/us.html). Furthermore, this peak is expected to be short-lived, lasting only from 2027 to 2030. And, as Xathras said, the oil would not even begin to flow until 2018.
It is also important to note that Big Oil already has access to a HUGE amount of oil that it is not using. See http://money.cnn.com/2008/06/23/news/economy/oil_drilling/index.htm?cnn=yes
for details.
With rising fuel prices, we have the opportunity to make a transition toward conservation and non-fossil fuel energy. Now is the time to focus on energy efficiency as well as wind, hydroelectric, solar, geothermal and other long-term energy sources as opposed to revisiting oil supplies that will sooner or later run out.
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