ご覧の通り ('as you can see') is a polite set phrase — 覧 is the honorific kanji for 'looking.' 飲み干す ('to drain, drink dry') is a compound verb with 干す 'to dry out.' ハイになる uses the English loanword to mean giddy/tipsy. The closing のである is the formal written version of のだ — it gives an authoritative, explaining-to-the-reader tone despite the comical situation.