America is falling behind in the new cold war over Arctic oil and gas

CFACT policy analyst Marita Noon reports that President Obama's made dash to prevent U.S. oil and gas activities in the very profitable Arctic National Wildlife Refuge (ANWR) may stem more from Russian money funneled to U.S.-based environmental nonprofits -- and the desire of the President to please such groups -- than from any intelligent rationale for declaring these rich lands off limits to the minimal development needed for resource extraction. Russia, meanwhile, is conducting military-scale operations in a possible effort to take physical control of the entire Arctic region.