Democrat opposition to drilling in ANWR was a gift to OPEC and Russia

NY Times:

Also Inside the Tax Bill: Arctic Drilling

A measure to open the Arctic National Wildlife Refuge to oil exploration is in the tax bill before Congress. Drilling advocates have cause for optimism.
Democrats had to know that restricting drilling in ANWR would not reduce consumption of oil and gas, it would just have to come from somewhere else.  They had this illusion that by restricting the supply of oil they could make alternative energy sources look more competitive, but it did not work and it did expose those alternatives as inefficient. 

The actual result of their opposition was to hurt the Alaskan economy and help OPEC and Russia.  By opening up ANWR the GOP hopes it will increase revenue to the US treasury too.


Popular posts from this blog

US, Britain and Israel help Iranian nuclear scientist escape

Iran loses another of its allies in Iraq

Texas Congressman Al Green admits to affair with drug using staffer