MELTDOWN: Media Busts A Nut Over Interior Okaying ANWR Oil Drilling
U.S. Interior Secretary David Bernhardt is set to approve oil drilling in the Arctic National Wildlife Refuge (ANWR). Liberals and journalists lost their minds.
The Wall Street Journal reported that “[t]he Trump administration approved an oil leasing program for the Arctic National Wildlife Refuge Monday, opening up the pristine 19-million-acre wilderness to drilling for the first time.”
The Journal said that it would be “difficult to unwind the decision should Democrats recapture the White House in November.”
According to The Journal’s summarization, Bernhardt said that “[a]pproving the program clears the way to auction oil leases ‘right around the end of the year.’”
Also, The Journal noted that “[t]he decision caps more than 30 years of efforts by oil companies and Alaskan leaders to drill in the refuge.”
Woke Twitter erupted.
Wall Street Journal platform editor Brian Fitzgerald tried to pull on the heartstrings of animal rights supporters by making a veiled reference to the disastrous effects of the notorious 1989 Exxon Valdez Oil Spill in Alaska’s Prince William Sound:
Every time this comes up, I vividly remember birds from the Sound getting oil wiped off them.
HuffPost environment reporter Chris D’Angelo tried to play gotcha against Trump, grumbling: “[R]emember like 2 weeks ago when Trump was telling us how he’s a conservationist in the mold of late President Theodore Roosevelt? good times.”
She continued her meltdown: “I repeat: They are robbing the American people because Big Oil knows their only shot to destroy the Arctic is right now before the door closes.”
Italian newspaper La Stampa financial journalist Fabrizio Goria’s contribution included a brief quip on Twitter on the news: “Just insane.”
The U.S. Energy Information Administration (EIA), reported in 2018 that “the total technically recoverable crude oil resource for federal lands, state waters, and native lands in the coastal plain has a mean estimate of 10.4 billion barrels.”
The price of oil is currently at a relatively low $42 a barrel, but that would still mean that ANWR could potentially yield at least roughly $436.8 billion worth of oil.
According to OilPrice.com August 17:
In terms of demand, U.S. demand reached 19.37 million bbl/d [last week], the highest number since the outbreak of the COVID-19 crisis last March. Our forecast for US crude oil demand stands at 18.79 million bbl/d in Q3 and 19.19 million bbl/d in Q4, supported by encouraging EIA data. [Emphasis added.]
Fracking was invented in response to drilling restrictions, as a way to produce oil from shale formations on private land, where government restrictions don’t apply.” [Emphasis added.]
The left has made it clear there is more of a concern for wildlife than the millions of Americans who are suffering from an economy that has been forced into a pandemic-induced coma for months.
Read more at NewsBusters
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