A federal judge has denied requests by conservation groups that she block ConocoPhillips from starting construction work this winter on its massive oil discovery.
Biden’s order shouldn’t have an immediate impact on oil operations in Alaska because doesn’t it prohibit work on existing oil and gas leases.
Sullivan called it “shocking” that Janet Yellen, now the Treasury secretary, would not commit to an “all of the above” energy policy that includes oil and gas when the two spoke before her confirmation.
Dunleavy said that he plans to have a dialog with Biden administration officials, but if he sees a consistent pattern of opposition, the governor will “use whatever tools are necessary” to fight back.
Inspectors found 2.4 ounces of blue “M30” pills that contained fentanyl hidden in a vacuum-sealed bag inside the motor housing of an Oster blender.
President Joe Biden imposed a “temporary moratorium” on all oil and gas leasing activities in the Arctic National Wildlife Refuge shortly after taking office on Wednesday, citing the “alleged legal deficiencies underlying the program” and the inadequacy of a required environmental review.
There is still great uncertainty surrounding the pandemic and oil demand, making it impossible to predict what prices will look like in the months ahead.
The state won 10-year oil leases for nine pieces of land by submitting the minimum offer: $25 an acre. But drilling for oil in the refuge is expensive, and it faces an aggressive opposition campaign.
One of the Trump administration’s biggest energy initiatives suffered a stunning setback Wednesday, as a decades-long push to drill for oil in Alaska’s Arctic National Wildlife Refuge ended with a lease sale that attracted just three bidders — one of which was the state of Alaska itself.
It’s a win for the Trump administration, which has pushed to lock in drilling in the refuge in its final weeks, before President-elect Joe Biden takes office and can try to stop it.