Originally posted by LilRedRocket:
Bush approved drilling in Alaska.. he says there is about 90 billion drums of oil there. That will deffinetly do something for the price of oil...
Actually we are 95% confident that there are 3.3 Billion barrels; 50% confident in 8.5 billion barrels. In other words, we don't know how much is there, but the educated guesses are in the 3 to 5 billion barrel range.
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