Killing The Alaskan Economy

On Thursday, The Daily Wire posted an article about some new Biden administration policies that will destroy the economy of Alaska.

The article reports:

The Biden administration announced on Wednesday that it would be canceling oil and gas leases in the Arctic National Wildlife Preserve and move to ban drilling in Alaska’s National Petroleum Reserve. 

The announcement from the Department of the Interior means that seven leases for drilling given during the Trump administration will be rescinded and that 13 million acres in the National Petroleum Reserve will be off limits for drilling if the proposed rule is approved. The leases were held by the Alaska Industrial Development and Export Authority (AIDEA) and encompassed 365,775 acres. 

“Alaska is home to many of America’s most breathtaking natural wonders and culturally significant areas. As the climate crisis warms the Arctic more than twice as fast as the rest of the world, we have a responsibility to protect this treasured region for all ages,” President Joe Biden said in a statement. 

The announcement was opposed by top Alaskan officials, including Governor Mike Dunleavy and Republican Sen. Dan Sullivan. 

“Today the Biden Administration announced that it is cancelling legally-issued oil and gas leases in the Arctic National Wildlife Refuge section designated for oil and gas development. The leases AIDEA holds in ANWR were properly acquired in a sale mandated by Congress,” Dunleavy posted on X. “It’s clear that President Biden needs a refresher on the Constitution’s separation of powers doctrine. Federal agencies don’t get to rewrite laws, and that is exactly what the Department of the Interior is trying to do here.”

The article concludes:

Despite the fact that Biden canceled the Keystone XL pipeline expansion and aggressively pushed green energy, climate activists are still angry at Biden after he allowed the Willow oil project in Alaska’s North Slope to go forward, which could end up yielding 180,000 gallons of oil per day. The decision to end the leases and block drilling comes as gas prices across the country remain high. 

Hopefully the government of Alaska will bring a lawsuit that will go to the Supreme Court. This is government overreach.

Toward Energy Independence

One America News is reporting today that Senator Lisa Murkowski will propose legislation to allow drilling in the Arctic National Wildlife Refuge.

The article reports:

In a tweet Senator Lisa Murkowski said the bill will create jobs, keep energy affordable, and reduce the deficit.

The legislation would open up roughly one-and-a-half million acres of the refuge to oil and gas drilling

It would also allow federal officials to sell leases for drilling rights.

Analysts claim the move could increase federal revenues by more than one billion dollars over the next decade.

The bill only requires a simple majority to pass in the Senate.

There will be a hearing next week.

The House Committee on Natural Resources has the following information on its website:

Opening less than 3% of the Arctic National Wildlife Refuge (ANWR) in Alaska for responsible energy production could create thousands of jobs, generate billions in new revenue and help reduce our dependence on foreign sources of oil.

Small Area = Big Energy Potential

  • The North Slope of ANWR, known as “Area 1002”, was specifically set aside by Congress and President Carter in 1980 for oil and natural development. This area is not designated as Wilderness.
  • A plan developing 500,000 acres—less than three percent of ANWR’s acreage—would provide access to the majority of ANWR’s resources.

Supplying America’s Families and Businesses with American Energy

  • According to U.S. Geological Survey estimates, the North Slope contains an estimated 10.4 billion barrels of oil.
    • This is more than the known oil reserves of entire countries that the U.S. currently imports oil from, including: Mexico, Angola, Azerbaijan, Norway, India, Indonesia, Malaysia, Egypt, Australia and New Zealand, Turkmenistan, and Uzbekistan.
  • At peak production, ANWR could supply up to 1.45 million barrels of oil per day.
    • This is more than the U.S. imports from Saudi Arabia every day.
    • Alternatively, 1.45 million barrels of oil per day is over one quarter of what the U.S. imports from OPEC countries each year.

The article at the House Committee on Natural Resources website includes the following map, which shows how little of ANWR would be impacted by the drilling permits.

I think it is time to stop the unnecessary hysteria and begin to develop America’s energy resources.