Proposed drilling for oil beneath the Coastal Plain of the Arctic National Wildlife Refuge is claimed to provide economic and energy-security benefits in exchange for environmental of disputed magnitude. In fact, the oil drilling couldn't enhance prosperity or security, but would compromise both. However, far larger, cheaper and faster alternatives, notably the more efficient use of oil, could achieve all three goals, and would make a better cornerstone for national energy strategy. This article, by Amory Lovins and Hunter Lovins, appeared in Foreign Affairs, www.foreignaffairs.org (July/August 2001). Also see E02-11, "Fuzzy Math," correspondence about "Fool's Gold in Alaska." Foreign Affairs.