Senator Stevens comments on Alaskan oil development, prices, ANWR and natural gas

U.S. Senator Ted Stevens is hopeful that the proposal to drill in the Arctic National Wildlife Refuge (ANWR) if oil hits $125 per barrel will gain traction with critics of drilling there. Stevens says he believes oil prices will go over $125 this year, especially considering the recent price of oil topping $108 per barrel and the continuing growth of fuel consumption in the developing world.

Lori Townsend, APRN – Anchorage