AP sources: Biden OKs huge Willow oil project in Alaska

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AP sources: Biden OKs huge Willow oil project in Alaska
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AP sources: Biden OKs huge Willow oil project in Alaska.

WASHINGTON — The Biden administration is approving the controversial major Willow oil project on Alaska’s petroleum-rich North Slope, according to two people familiar with the decision.

The sources have direct knowledge of the administration’s plan but did not want to be identified before an official announcement. ConocoPhillips Alaska’s Willow project could produce up to 180,000 barrels of oil a day, create up to 2,500 jobs during construction and 300 long-term jobs, and generate billions of dollars in royalties and tax revenues for the federal, state and local governments, the company says.widespread political support

The administration’s decision comes after the U.S. Bureau of Land Management, as part of an environmental review, advanced in February a development option calling for up to three drill sites initially, which it said would include about 219 total wells. ConocoPhillips Alaska said it considered that option workable.

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