robotgeek

I’ve had a few discussions with my colleagues at work regarding the Drill Here, Drill Now, Pay Less campaign, mostly headed by Newt Gingrich.

I’ve tried to research this more, and have found this:

Most of this is based upon this paper:
Coats, R. Morris and Pecquet, Gary M. (2008): The effect of opening up ANWR to drilling on the current price of oil. Unpublished. The rejection letter is interesting.

The price points for the above work is based on this published paper.

Conrad, Jon M. and Koji Kotani (2005). When to drill? Trigger prices for the Arctic National Wildlife Refuge, Resource and Energy Economics 27:273-86.

Over this week, I am going to try and see what kind of assumptions have been made, and if those assumptions are valid as it pertains to ANWR. Keep looking.