Wednesday, March 14, 2018
A Little Slice of Alaskan Tundra Is Finally Open for Drilling
Area designated for exploration equals 2,000 acres...
At Townhall.com, Paul Driessen recently wrote about it:
"At long last, the tax-cut legislation just passed by Congress allows America to benefit from the petroleum resources that experts predict will be found in a small section of the plain, along Alaska’s northern coast. The legislation directs the Interior Department to hold at least two lease sales over the next 10 years, for a maximum of 2,000 acres opened to drilling. Analysts say the sales could fetch as much as $2.2 billion. The area contains an estimated 10.4 billion barrels of oil, says Alaska Senator Lisa Murkowski, chair of the Senate Energy and Natural Resources Committee. Others put the petroleum potential even higher."