These are estimates that are done by the experts as to how much they expect we could get from the first lease sale that would take place in ANWR, and the estimate is about $2.5 billion.
Sentiment: NEGATIVE
Government experts have estimated that ANWR reserves would only provide enough oil for six months of U.S. oil consumption. In addition, the oil industry itself has estimated that it would take 10 years to bring this oil to the market.
Yet, if we accept the solution offered today by this bill to explore and develop for oil on the coastal plain of ANWR, it will be 5 years, at least, and probably closer to 8 before the first barrel of oil flows from that effort.
It's estimated for every $1 billion we spend on road construction, nearly 48,000 jobs are created.
Can someone's true value really be estimated? Maybe there needs to be an Edmunds.com for people on TV. That would be funny and possibly cruel.
Simply put, drilling in ANWR would be expensive, environmentally devastating, and would do very little to fix our energy crisis or to bring down the price of oil and gasoline.
The Kyoto treaty has an estimated cost of between US$150 and $350 billion a year, starting in 2010.
We believe the 36, nearly 40, billion pound discount given for a right to buy houses took a million houses out of the public housing sector which is desperately needed for rent.
In D.C., I've passed amendments to allocate $6.3 million to keep our waterways open for business, $1 million as a down payment on our wetland restoration - our natural storm protection - and $5 million to ensure that drilling permits are reviewed thoroughly and efficiently.
Wage concessions are difficult to quantify, since their magnitude depends on many operating variables.
There is no guaranteed formula. And that's one of the interesting things about filmmaking. You could put $115 million in, and it doesn't guarantee success.
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