Biden administration moves toward approval for major Alaska oil drilling project

Biden administration moves toward approval for major Alaska oil drilling project


Alaskan oil extraction site.

Lowell Georgia | Getty Images

The Biden administration on Wednesday recommended a scaled-down version of a major oil drilling project in the North Slope of Alaska, taking a step toward approving the $8 billion Willow plan that climate groups have long condemned.

The Interior Department’s Bureau of Land Management released an environmental analysis that proposes lowering the number of drilling sites from five to three under the project, which is led by ConocoPhillips, Alaska’s largest crude oil producer.

The Biden administration has 30 days to issue a final decision on whether to approve the Willow project. The Interior emphasized it could select a different alternative, including taking no action or postponing a ruling about permits to more than one drill site.

The Willow project would produce about 600 million barrels of oil over 30 years and would generate around 278 million metric tons of carbon emissions, according to Interior estimates. Environmental advocates argue the plan would undermine the Biden administration’s agenda to curb fossil fuel production and say the project’s emissions would be roughly equivalent to what 66 new coal-fired power plants produce in a year.

The Interior Department said in a statement that it has “substantial concerns” about the Willow project, including its direct and indirect greenhouse gas emissions and its impact to local wildlife in Alaska’s National Petroleum Reserve.

Kristen Miller, executive director of the nonprofit Alaska Wilderness League, called the Willow project a “massive climate disaster” and urged the administration to reverse its decision to advance the plan.

“Our window to act is rapidly closing to avert catastrophic climate change, and this plan only takes us one giant step closer to the edge,” Miller said. “We should be prioritizing ways to preserve this irreplaceable ecosystem, by protecting critical wildlife and subsistence resources and avoiding increased climate pollution.

Proponents of the Willow project, including the state’s congressional delegation and some Alaska Native tribal governments, say the plan would create more than 2,500 jobs for the Alaska residents, deliver up to $17 billion in revenue for the federal government and boost the country’s domestic energy security.

ConocoPhillips said in a statement that it “welcomes and continues to review” the government’s environmental analysis and said the decision “represents a major milestone in the permitting process.”

“We believe Willow will benefit local communities and enhance American energy security while producing oil in an environmentally and socially responsible manner,” Erec Isaacson, president of ConocoPhillips Alaska, said in a statement.

Sen. Joe Manchin, a conservative Democrat from West Virginia and chairman of the Senate Energy and Natural Resources Committee, said the administration’s decision to advance the project is an “important step towards reestablishing American energy independence and strengthening American energy security.”

“Alaska has a robust history of contributing to American energy security and this project will position them to continue that legacy,” Manchin said in a statement.

Biden administration resumes sales of oil and gas drilling leases on federal lands



Source

Activist investor Elliott builds over  billion stake in Lululemon, puts forth CEO candidate
Business

Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate

The corporate logo for Lululemon is displayed at their store at the Westfield UTC shopping center on Nov. 3, 2025 in San Diego, California. Kevin Carter | Getty Images Activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon Athletica and is bringing a potential CEO candidate to the […]

Read More
Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter
Business

Olive Garden owner Darden Restaurants hikes revenue outlook for second straight quarter

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported strong sales growth, fueled by demand at Olive Garden and LongHorn Steakhouse. For the second straight quarter, the company hiked its full-year outlook for revenue growth, although it only […]

Read More
Chipotle chases the protein craze with new menu items — including meat in a cup
Business

Chipotle chases the protein craze with new menu items — including meat in a cup

A Chipotle restaurant in San Francisco, California, US, on Friday, Jan. 31, 2025. David Paul Morris | Bloomberg | Getty Images Chipotle Mexican Grill is entering the snack business. The fast-casual giant announced Thursday it will roll out its first-ever “High Protein Menu” later this month, featuring grab-and-go protein cups. Starting Tuesday, customers in the […]

Read More