Saturday, February 20, 2010

Sarah Palin Was Right #26: Spaulding on Alaskan Offshore Drilling

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George G. Spaulding of the School of Business at the College of Charleston, writes in his Saturday column for the Post and Courier that we should drill now for gas and oil in the offshore waters of Alaska:
After listening to President Obama advocating for offshore drilling for gas and oil, a Wall Street Journal headline came to mind: “Alaska Can Meet U.S. Energy Needs.”

An article followed by Gov. [Sean] Parnell of Alaska: “Such (offshore) exploration could set the country on a clear and sustainable energy path for decades to come.

His remarks are similar to those expressed in a speech by the previous governor of Alaska 18 months ago. Your columnist was there, along with Gov. Sarah Palin, who was unknown to us at the time, a couple of months before her vice-presidential nomination,

She said, “We in Alaska have enough oil to meet U.S. demand for seven years and enough natural gas to meet demand for eight years.”

She also emphasized that of the 20 million acres in ANWR, the Arctic National Wildlife Refuge, drilling for the known reserves would require only 2,000 acres, “Just a sliver.”

Gov. Palin also said, “We are sending diplomats to the Mideast begging for more oil production. At the same time, it is so easy to release demand right here in Alaska. It makes no sense to me. Others in Congress, who have never been to Alaska, are making decisions.”
Read Spaulding's column unabridged here.

- JP

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