From what I read, it's estimated to have perhaps 6 billion barrels of oil there. Sounds like a lot at first, until you read that they want to be able to pump a million barrels a day. That means 6 bil would last 16 years.. and by the way the US currently uses 20 million barrels a day. So by opening it up, we might increase our capacity by 5% of what we currently use, and be flat out of oil in 16 years. Sounds like a bad idea to me.