I commend Interior Secretary Salazar’s decision today to conditionally approve drilling at three exploratory wells in the Chukchi Sea off the northwest coast of Alaska; it’s a decision that’s been a long time coming. The area north of the Arctic Circle contains some of the world’s richest oil and gas reserves. U.S. Geological Survey researchers estimate that it contains 1.6 trillion cubic feet of natural gas and 83 billion barrels of undiscovered oil.
The international community recognizes the potential of Arctic off-shore drilling; it’s about time our government allowed us to compete with them by developing these rich reserves in an environmentally responsible way. As I said last April in my testimony before the Secretary during a federal hearing in Anchorage, “Alaska’s oil and gas resources can and should be a major part of the implementation of any creditable energy plan for our nation. Alaska has proven that these resources can be developed safely, but Arctic exploration and development is a slow, demanding process. Delays or major restrictions in accessing these resources for environmentally responsible development are not in the national interest or the interests of the State of Alaska.”
As an Alaskan and an American, I am very grateful for the decision today because it is a step in the right direction toward prosperity for Alaska and energy independence and security for America.
- Sarah Palin
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