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News Releases > Chamber Ponders ANWR Decision

March 17, 2005

The Yukon Chamber of Commerce expresses mixed feelings about the recent news that the US Senate determined to disallow a filibuster against drilling in the ANWR in the upcoming budget.

YCC Chair Rob Harvey encourages the oil and gas developers interested in drilling in the Alaska Natural Wildlife Refuge, as well as US and Alaskan regulators, to utilize and maximize the Traditional Knowledge of First Nations peoples on both sides of the border prior to initiating actual programs.

"We understand the position of the Vuntut Gwitchin First Nation, and hope that they are able to achieve environmental as well as economic development gains through their continued diligence of the potential international impacts of drilling in the ANWR. We believe that they, and their Alaskan cousins should be stewards and significant beneficiaries should drilling in the ANWR really happen."

"Economic gains for existing Yukon businesses would be indirect for the most part. There are some firms and individuals who may benefit directly, but most of us would not be on site at all. Yukon Business opportunities that would arise may include a number of down-stream projects, such as the Alaska Highway Natural Gas Pipeline Project. While ANWR is principally oil related, natural gas is a significant by-product, and managing that natural gas will certainly add incentive and pressure to finally proceed with the gas pipeline."

The US Senate's Energy Committee still has to develop ANWR related legislation for the Senate budget reconciliation process, so it is not a done deal.

– 30 –

Rob Harvey, Chair
Yukon Chamber of Commerce
667-2000
Sandy Babcock, President
Yukon Chamber of Commerce
667-2000

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