On the recordApril 18, 2002
Today we are seeing headlines: ``Summer Gasoline Prices Again Headed Higher.'' We also see information coming at us from the Mideast relative to the crisis, and Saddam Hussein advises that oil is going to be used as a weapon. Oil as a weapon. We remember the last time we saw a weapon in this country, it was an aircraft being used as a weapon--two aircraft, three aircraft. There was the Pentagon, there was the New York Twin Towers, and there was the terrible crash in Pennsylvania. This is as a consequence, to some degree, of our continued reliance on imported oil. We have heard a lot on the other side relative to ANWR and what it would contribute. Let me identify for the record--and this is from the Energy Institute--crude oil imports relative to the annual report for the year 2002. Opening ANWR would reduce oil dependence from 66 percent in 2020 to 62 percent by 2024; 58 percent by 2020 in a high case.
Source
govinfo.gov




