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  • Writer's pictureBy The Financial District

Biden Limits Oil, Gas Leasing In 13-Million Acres Of Alaska Petroleum Reserve

The Biden administration said it will restrict new oil and gas leasing on 13 million acres (5.3 million hectares) of a federal petroleum reserve in Alaska to help protect wildlife such as caribou and polar bears as the Arctic continues to warm, as reported by Becky Bohrer and Matthew Daly for the Associated Press (AP).


The decision also completes an earlier plan that called for closing nearly half the reserve to oil and gas leasing. I Photo: Bob Wick, Bureau of Land Management Flickr



The decision — part of a years-long fight over whether and how to develop the vast oil resources in the state — finalizes protections first proposed last year as the Democratic administration prepared to approve the contentious Willow oil project.


The approval of Willow drew fury from environmentalists, who said the large oil project violated President Joe Biden’s pledge to combat climate change.



Friday’s decision also completes an earlier plan that called for closing nearly half the reserve to oil and gas leasing.


A group of Republican lawmakers, led by Alaska US Sen. Dan Sullivan, jumped out ahead of Friday’s announcement about the new limitations in the National Petroleum-Reserve Alaska before it was publicly announced.



Sullivan called it an “illegal” attack on the state’s economic lifeblood, and he predicted lawsuits.


“It’s more than a one-two punch to Alaska,” Alaska Sen. Lisa Murkowski said, “because when you take off access to our resources, when you say you cannot drill, you cannot produce, you cannot explore, you cannot move it — this is the energy insecurity that we’re talking about.”




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