ANWR: Beyond the Debate

Arctic National Wildlife Refuge (ANWR): Beyond the Debate--Benchmarking the Benefits By Joseph A. Keefe, Senior Editor Crude oil has hit an all time high of $60 per barrel. On the North Slope of Alaska, Prudhoe Bay, America's largest source of crude oil, is producing only 450,000 barrels per day--a 72 percent decline from its peak year in 1989. There are few untapped large producing fields in the United States. While the Gulf of Mexico may replace the declining production of the Prudhoe Bay fields, America is expected to import nearly 70 percent of its oil consumption over the next 10 to 15 years. Joseph Keefe explores the fallacies and realities of ANWR and its impact on the environment, national defense, the American shipbuilding industry, and the U.S. Merchant Marine. "ANWR: Beyond the Debate" is an opening salvo in America's quest to minimize its dependence on foreign oil and it explores the unsavory alliances the United States must endure to quench its thirst for oil. "ANWR: Beyond the Debate" is a timely, intriguing, and provocative analysis of America's quest for a new source of oil. To purchase this insightful new article, go to http://www.maritime-executive.com