Tax bill opens Alaska to oil production worth billions of dollars, strengthening America
By Paul Driessen | Fox News
An important provision of the tax cut legislation passed by Congress this week allows the American people to finally benefit from abundant petroleum resources that experts predict will be found in a very small area of the Arctic National Wildlife Refuge (ANWR) on 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.
ANWR is enormous – 19 million acres, about the size of South Carolina. The 2,000 acres along the coastal plain that would actually be disturbed by drilling, roads and other development work account for about one-hundredth of 1 percent of the vast area.
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http://www.foxnews.com/opinion/2017/12/21/tax-bill-opens-alaska-to-oil-production-worth-billions-dollars-strengthening-america.html
