Posted on 04/19/2024 4:46:11 PM PDT by Oldeconomybuyer
CNN — In a sweeping win for climate and environmental advocates, the Biden administration on Friday finalized a rule to ban fossil fuel drilling on nearly half of the National Petroleum Reserve in Alaska, alongside other major conservation actions.
The Interior Department will block oil drilling on over 13 million acres in the Western Arctic, including about 40% of the land of the NPR-A – a remote area that is home to protected animal species including polar bears and caribou.
The reserve is more than 23 million acres of public land and an underground emergency oil supply for the US Navy that was designated in the early 1920s. More recently, it’s become the site of the ConocoPhillips-owned Willow project, a controversial oil drilling venture in the Arctic.
When the Biden administration approved Willow in March 2023, it sparked intense backlash among young people on social media, as well as environmental and climate groups. Friday’s action could improve President Joe Biden’s approval among young voters.
Some Alaska Natives are critical of the drilling ban across such a significant swath of the NPR-A. It has proved controversial with Alaska’s bipartisan congressional delegation, as well as Alaska Native groups who say they depend on the tax revenue from oil drilling to fund schools and basic services.
The ban will also open the president to attacks from Republicans that he is failing to prioritize American energy independence and is driving up the price of gasoline.
(Excerpt) Read more at cnn.com ...
The democrats want to save the oil for the future so they can hold the world hostage but oil is a never ending resource that’s created by the earth’s core ,LOL
Sweeping loss for America. The climate cult is killing us.
“Biden administration bans drilling in nearly half of Alaska petroleum reserve, DEALING A DEATH BLOW TO AMERICAN ENERGY INDEPENDENCE”
There, fixed the headline.
What would the chicoms do? They’re paying for this.
As far as I’m concerned, the DEMENTED ONE can’t be gone from office SOON ENOUGH.
.
Fixed it.
Luddites victorious once again.
Wait until they fumble around and get the Straits of Hormuz closed. Then that oil will be worth $250 a barrel.
We supposedly will go all electric but without the required expansion of the electricity supply. This can only lead to poverty.
And another loss for common everyday working peons. Well, tomorrow is erf day. 🖕
Oh great, another reason for this Alaskan to grind his teeth at night
Am guessing Xiden did this by an EO. That means Trump can undo this in his first hour as president just as Xiden did to him. I hope the materials, plans, and so forth are just waiting for Keystone to get moving again.
Just plain stupid...Biden is ignorant of the necessity of this commodity.
The people popping champagne corks behind closed doors are the political and business leaders in major energy-producing states that have minimal Federal oversight because they have very little Federal land inside their borders.
I'll name TEXAS and PENNSYLVANIA as two of them.
A sweeping loss for America.
If you care about this stuff — that is, the most important matter to all of mankind — the lifeblood of civilization . . . then have a look at NPR-A history.
About 20 or so years ago, the USGS re-evaluated the reserves in NPRA. The re-evaluation was -90%. That’s minus 90%.
The amount previously estimated was slashed down to 10%. The reason was some exploratory drilling made clear the areas of rock thought to have oil actually had only natural gas.
And so, sportsfans, when you see this announcement that 50% of NPRA has been ruled off limits for drilling, you see something that doesn’t matter.
There is nothing there. No reason to bother.
Well, the Russians certainly approve of that.
The correct headline would read:
“Biden administration demands higher gas prices for American consumers”
L
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