June 21, 2019 Cost Estimate As ordered reported by the House Committee on Natural Resources on May 1, 2019 View Document105.8 KB Summary The bill would Repeal a program to lease federal lands in the Arctic National Wildlife Refuge (ANWR) in Alaska for oil and gas exploration and production Estimated budgetary effects would primarily stem from Forgone government income resulting from repealing the program Areas of significant uncertainty include The magnitude of future government income from leasing in ANWR Long-term oil prices, resource potential in ANWR, the cost of oil production, and alternative investment opportunities of potential lessees Data and Supplemental Information Table 1 Table 2 Legislative Information Available From Congress.gov
The bill would Repeal a program to lease federal lands in the Arctic National Wildlife Refuge (ANWR) in Alaska for oil and gas exploration and production Estimated budgetary effects would primarily stem from Forgone government income resulting from repealing the program Areas of significant uncertainty include The magnitude of future government income from leasing in ANWR Long-term oil prices, resource potential in ANWR, the cost of oil production, and alternative investment opportunities of potential lessees
