Biden Approves ConocoPhillips’ Massive Oil Drilling Project in the Alaskan Arctic
The Biden administration gave final approval Monday to a major Arctic oil project, marking one of its most significant and controversial decisions on climate change and energy. The drilling project had become an important symbol for both environmentalists and the oil industry over the last year as each camp fought to bend the decision in its favor.
The administration paired the approval with an announcement that it would seek to expand or strengthen protections across 16 million acres in the Alaskan Arctic, both onshore and in coastal waters, restricting or prohibiting oil and gas drilling in those areas.
The Willow Project was proposed five years ago by ConocoPhillips and would be the largest oil development to proceed under the Biden administration. Over 30 years of production, it would pump about 576 million barrels of oil from a federally-managed reserve on Alaska’s North Slope. The site lies about 30 miles west of a village of 500 residents, most of whom are Alaska Natives, and partially within a protected area that is home to millions of migratory birds and a caribou herd that is a subsistence food source for the village.
Related Knowledge Center: Offshore drilling
The Biden administration is proposing additional leasing for offshore oil and gas drilling, largely limiting the plan to the Gulf of Mexico.