On Friday, The Trump Administration cleared the way for oil drilling in the Arctic National Wildlife Refuge (ANWR), in line with the Administration’s policy of aggressive leasing of federal lands, codified in the One Big Beautiful Bill Act. Around the time of the budget reconciliation process, EPRINC prepared a report modeling how much revenue an increase in federal leasing could bring to the US government. At a static oil price forecast of $70/barrel, the estimated increase in revenue was $100 billion over 10 years, primarily coming from the Continental Lower 48 and Gulf of America.
Read the full report here, or check out EPRINC’s testimony on the matter.
One of the perennial questions we ask at EPRINC is “What contributes most to electricity