US Arctic Oil May be LOST to the UN By Alan Caruba

“The Arctic may hold 90 billion barrels of oil, more than all the known reserves of Nigeria, Kazakhstan, and Mexico combined, and enough to supply U.S. demand for 12 years.” One would have thought Joe Carroll’s Bloomberg News report would have evoked some interest by the public and other media outlets. Instead, news of the U.S. Geological Survey was greeted mostly by a giant collective yawn.

“One third of the undiscovered oil is in Alaskan territory, the agency found…” Considering that the Democrat-controlled Congress adamantly refuses to let drilling occur for the oil known to exist in and off-shore Alaska, it is not surprising the public has concluded this vast treasure will remain untouched.

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