Interior to approve giant Alaska oil project against environmental objections
The approval from the Interior's Bureau of Land Management represents the culmination of years of lobbying around Willow, which, as proposed, sought to produce 180,000 barrels of oil per day on five drilling pads.The record of decision, announced on Monday, approves a smaller version of the proposed project, giving ConocoPhillips three of the drilling pads it sought to develop.
Willow's approval is coupled with new restrictions on oil and gas drilling in the National Petroleum Reserve-Alaska, where the project is being developed. The administration will designate approximately 2.8 million acres in the Arctic Ocean near the NPR-A as indefinitely off-limits for future oil and gas leasing.
President Joe Biden has also sought more oil production from the industry, including from operators holding leases on federal lands, in response to higher retail fuel prices. It contrasts with some of Biden's messaging from his presidential campaign, during which he promised to restrict drilling and leasing on federal lands.
"It's exactly what this administration has been asking our industry to do, lean in, produce more [oil]," Lance said Tuesday during remarks at CERAWeek by S&P Global, an annual industry conference in Houston.
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