Just a little FYI:
According to the Energy Information Agency (EIA) in a report released in March, 2004:
"It is expected that the price of ANWR coastal plain production might reduce world oil prices by as much as 30 to 50 cents per barrel... Assuming that world oil markets continue to work as they do today, the OPEC could countermand any potential price impact of ANWR coastal plain production by reducing its exports by an equal amount."
Yeah lets watse out resources up there! Lets see, $70 minus $.50 is $69.50. Brilliant! Facts suck.