This bill (H.R. 5429) would authorize the Department of the Interior to grant leases for oil and gas development in a small portion of the Arctic National Wildlife Refuge (ANWR), along Alaska’s northern coast. There are an estimated 10 billion barrels of oil in the targeted portion of ANWR that could bring tens of billions of dollars into the U.S. economy and reduce our dependence on foreign oil.
The House passed H.R. 5429 on May 25, 2006 by a vote of 225-201 (Roll Call 209). We have assigned pluses to the yeas because the United States should reduce its dependency on foreign oil and develop its own energy resources.
