ANWR is Set to Boost The Nation’s Energy Security Under Trump’s Watch
image credit: Energy Security
- Jun 26, 2019 5:15 pm GMTJun 26, 2019 5:14 pm GMT
- 634 views
Nationwide, 10.3 million US jobs across the economy are supported by the natural gas and oil industry – not too many though in California and New York though – those are the state ran by the oligarchs who despite the middle class. The manufacturing resurgence spurred by affordable energy is generating a large number of construction jobs.
The Trump administration is not only helping achieve all this economic growth but also driving environmental progress.
The opening of less than 3% of the Arctic National Wildlife Refuge (ANWR) in Alaska for responsible energy production has multiple benefits. It will create a large number of jobs, generate billions in new revenue, and also help reduce America’s dependence on foreign sources of oil.
Creating and using our own American Energy
US Geological Survey estimates place the quantities of oil and natural gas in the North Slope of ANWR at around 10.4 billion barrels. This quantity is more than the known reserves of oil and gas exporting countries like Mexico, Angola, Azerbaijan, Norway, India, Indonesia, Malaysia, Egypt, Australia and New Zealand, Turkmenistan, and Uzbekistan which sell energy to the US.
And John McCain did not want to take advantage of this. That type of illogical thinking belongs in the other party. The pipelines are elevated so the wildlife can walk underneath it. This construction would affect about 5 animals (they would have to walk right or left about 500 feet) but help enrich America so it could defend millions of more animals.
Optimum production could result in ANWR supplying up to 1.45 million barrels of oil per day (which is more than per day US imports of oil from Saudi Arabia).
Generating New Federal Revenue
The development of ANWR’s resources has the potential to generate approximately $150 billion to $296 billion in new federal revenue. This huge amount can help repay our national debt. Total government revenue which includes leases, royalties, and state local and federal taxes for the life of ANWR field production, could go up to almost $440 billion.
Generation of employment and contribution to the growth of the economy are the potential products of opening a small portion of ANWR to energy production. Studies have shown ANWR job creation figures range from 55,000 to 130,000 jobs.
Responsible development of American energy resources in ANWR is ultimately going to result in lower dependence on hostile countries for energy and lower foreign imports.
The Energy Information Administration claims that crude oil imports will decline by one barrel for every barrel of ANWR oil production.
Progress with Environmental Protection
Technological advancements allow for safer energy production with minimal environmental impact. For example, the new extended reach drilling covers a 28,000 ft radius in one single drilling platform. This is larger than the size of Washington D.C.
Many Alaska natives support energy production in ANWR and understand the employment and economic benefits it will bring to their communities. The Village of Kaktovik (the only town within the coastal plain of ANWR) is a strong supporter of energy production.
So if you are against drilling in ANWR you are anti-native American. Not good!