IncSmart Alaska (Small Business and Startups) -
Alaska ANWAR drilling is in the Trump tax cuts. The Artic National Wildlife Refuge is the last petroleum frontier. ANWA has been a battle ground between the Federal government and state government for years. Who controls the 19.4 million acres of state resources. President Trump just gave 1.5 million acres back to the state of Alaska. The area open to business is known as Area 1002. The vast majority of ANWA will remain untouched by energy companies.
Area 1002, in the Northeast corner of the state, contains 10 billion barrels of oil and 35 trillion cubic feet of natural gas. The drilling will create at least 1billion in revenue in the next 10 years. Besides revenue, ANWAR will create thousands of jobs. It will keep energy affordable for families and businesses. The tax cut bill will reduce the federal deficit and strengthen our national security by reducing our dependence on foreign oil.
By IncSmart Staff Writer
Starting a Business in Alaska
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