Trending

FINALLY: Biden To Sign $8B Oil Drilling Project In Alaska

A satirical protest sticker critical of American President Joe Biden, with text reading I Did That, has been placed on a gasoline pump in Lafayette, California, likely to imply responsibility for high gasoline prices, December 29, 2021. (Photo by Smith Collection/Gado/Getty Images)
  • President Biden is planning to approve an $8 billion oil drilling project on federal land on Alaska’s North Slope next week, according to multiple reports.
  • His expected authorization of ConocoPhillips’ Willow Project, the largest proposed oil project in the country, would be a marked change from his previous insistence that the US transition away from fossil fuels.
  • The Willow Project aims to drill for oil on three sites inside the 23-million acre National Petroleum Reserve, located 200 miles north of the Arctic Circle.
BACK TO HOMEPAGE