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

  • 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.
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