Obama Oil Policy Threatens Alaska Pipeline’s Existence
The invaluable Alaskan oil pipeline isn’t doing well these days. A remedy to help fix this precious resource is available but overzealous environmentalists and over-regulatory politicians are standing in the way. The ever-decreasing amount of oil flowing through the pipeline is disrupting its effective operation — and threatening its very existence.
This problem could easily be solved by opening up more domestic drilling in Alaska. This would allow more oil to flow through the pipeline, maintain the correct temperature (which falls to dangerous levels with insufficient supply). But access to drilling permits has been severely reduced. With gas prices hovering around $4 a gallon, it is inconceivable that the Obama administration would continue to hinder production and add regulations that could eliminate yet another standard domestic source of oil. Yet that is what is occurring.