Biden Administration Facing Dilemma Over Large Alaska Oil Project

Biden Administration , Facing Dilemma Over, Large Alaska Oil Project .
Biden Administration , Facing Dilemma Over, Large Alaska Oil Project .
'The Independent' reports that
the Biden administration is considering
approval of a major oil project in Alaska. .
According to supporters of the oil project on Alaska's
petroleum-rich North Slope, approval would provide
an economic lifeline for Indigenous communities. .
Meanwhile, opposition to the project, including
environmentalists, claim that the project would
undermine President Joe Biden's avowed climate goals.
Meanwhile, opposition to the project, including
environmentalists, claim that the project would
undermine President Joe Biden's avowed climate goals.
A decision on ConocoPhillips
Alaska's Willow project is reportedly
expected as early as March.
A decision on ConocoPhillips
Alaska's Willow project is reportedly
expected as early as March.
According to the company, the project could
produce up to 180,000 barrels of oil per day from
the federal oil reserve roughly the size of Indiana.
Alaska Republican Senator Dan Sullivan said
the development of the Willow project could be , “one of the biggest, most important resource
development projects in our state’s history.”.
Currently, an average of about
499,700 barrels of oil flow through
the trans-Alaska pipeline every day. .
At its peak in the late-1980s,
the pipeline carried approximately
2.1 million barrels a day.
'The Independent' reports that the number of new
drilling permits issued to companies with federal
leases spiked during Biden's first year in office.
At the time, officials said they were working through
a backlog of applications from the Trump administration,
however, environmentalists claim Biden has done too little. .
At the time, officials said they were working through
a backlog of applications from the Trump administration,
however, environmentalists claim Biden has done too little.