America's next oil bonanza

Now that Alaska's Arctic National Wildlife Refuge is opening to development, you're seeing reports of its limited potential.  The media are downplaying the significance of one of President Trump's signature achievements.  They don't know what they're talking about. When Alaska was granted statehood in 1959, it was given the right to select 103 million acres of the federal land in Alaska, 28% of the total.   Its first choice was ANWR, on the north slope of the Brooks Range.  This was based on the advice of George Gryc, who had studied the arctic slope for the U.S. Geologic Survey.  The details are in John Strohmeyer's excellent Extreme Conditions, Big Oil and the Transformation of Alaska. But ANWR was off limits.  The Department of Defense wanted it for radar stations to detect incoming Soviet aircraft.  It became part of the North American Air Defense Command, later known as...(Read Full Post)
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