Biden administration plans sweeping effort to block drilling in much of Alaska petroleum reserve

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The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands.

By Jennifer A. Dlouhy, Bloomberg NewsA northern section of the National Petroleum Reserve-Alaska on the state's North Slope.

Company executives and Alaska lawmakers have increasingly raised alarm over the plan, saying it could thwart oil and gas development across much of the reserve, even on existing leases. The opposition has united a broad spectrum of foes, from Alaska Natives to Lower 48 oil producers.Santos Ltd.

The regulation would limit future oil development in some 13 million acres of designated “special areas” within the Indiana-sized reserve, including territory currently under lease. There’d be an outright prohibition on new leasing in 10.6 million acres.

 

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