Number: RL34547 Title: Possible Federal Revenue from Oil Development of ANWR and Nearby Areas Authors: Salvatore Lazzari, Resources, Science, and Industry Division Abstract: This report estimates the potential revenues to the United States Treasury from ANWR oil development should Congress approve such development. It has been prepared according to key oil price assumptions. More specifically, estimates of potential federal revenues are based on market oil prices - the price at which the ANWR output would be sold - of $60, $80, $90, $100, and $125 per barrel. Pages: 9 Date: June 23, 2008