The Biden administration has announced plans for a potential oil and gas lease sale in Cook Inlet in 2026, but at least one environmental advocacy group is hoping to stop it from happening.
JUNEAU, Alaska -
The leases are for units across roughly one million acres west of Homer. The Biden administration canceled a lease sale in May for the same area, citing a lack of industry interest and opposition in court. Now, it is poised to move forward with the process again. Liz Mering, advocacy director of Cook Inletkeeper, says she is disappointed as the group believes the federal government could have announced a five-year offshore oil and gas leasing plan while excluding Cook Inlet.
The area is rich in wildlife, and it’s popular for recreational and commercial fishing, and bear viewing. Mering said that there has been long-held opposition for development of lower Cook Inlet, which has much less infrastructure than off-shore drilling areas closer to Anchorage.Kara Moriarty, president and CEO of the Alaska Oil and Gas Association, was looking at the positives on Wednesday of the Biden administration announcing one potential offshore lease sale for Alaska.
Moriarty said it’s tough to determine current levels of industry interest because companies often decline to confirm whether they will bid or not until they learn more details about a lease sale.
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