Former President Donald Trump had bragged about his success in opening the region to oil production after decades of political fighting over the resources locked under the tundra there.
In this undated photo, an airplane flies over caribou on the coastal plain of the Arctic National Wildlife Refuge in northeast Alaska. | U.S. Fish and Wildlife Service via APPresident Joe Biden’s Interior Department on Wednesday will cancel oil drilling leases that the Trump administration sold in Alaska’s Arctic National Wildlife Refuge, according to two people knowledge of the plan.
The move — the latest step in decades of political jousting over the Arctic refuge — could help assuage environmentalists’ anger at the White House forearlier this year in another stretch of northern Alaska. But it comes at a risky time for Biden, with a surge crude oil prices in the past week threatening to drive up the cost of gasoline. And it will almost surely meet resistance from the oil industry and powerful Alaska Republican Sen.The Interior Department will also pledge no new leasing for oil development on 10 million acres in Alaska’s National Petroleum Reserve, an area to the west of ANWR that has long been home to oil and gas drilling, according to the sources.
The lease sale held by the Trump Interior Department was seen as a flop, drawing only $14.4 million in bids from two companies and the Alaskan state oil development company.
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