America needs more oil, and we just found plenty. The United States Geological Survey (USGS) recently published its “Circum-Arctic Resource Appraisal: Estimates of Undiscovered Oil and Gas North of the Arctic Circle,” and this first-ever assessment of the entire Arctic region estimates are that it contains 134 billion barrels of … More

This week, the U.S. Geological Survey released a report estimating that the Arctic Circle contains 1,670 trillion cubic feet of natural gas — nearly two-thirds the proved gas reserves of the entire Middle East — and 90 billion barrels of oil. Unfortunately, the United States is far behind Russia in … More