Back in July, when IBD first interviewed the then-little-known governor, Palin emphasized developing Alaska’s Chukchi Sea resources. Under those icy waters, it was then believed, was enough oil and gas to supply America for a decade.
Today, Science magazine reports that the U.S. Geological Survey now finds it holds more than anyone thought — 1.6 trillion cubic feet of undiscovered gas, or 30% of the world’s supply and 83 billion barrels of undiscovered oil, 4% of the global conventional resources.
That’s enough U.S. energy to achieve self-sufficiency and never worry about it as a national security question again.
But, as IBD points out, Congress isn’t doing a damned thing about it, because we’re busy concocting fuzzy-logic ideas like painting our roofs white.
I mean, c’mon. Really now.
Drill, Baby, Drill.