
President Joe Biden is on the precipice of moving to shut down new oil drilling activity on millions of acres of Alaskan land, according to Bloomberg. Biden is reportedly days away from finalizing a plan to restrict oil drilling on nearly half of the 23 million acres known as the National Petroleum Reserve-Alaska (NPR-A) in the state’s North Slope region, according to Bloomberg. While the move will not imperil ConocoPhillips’ massive Willow Project that Biden greenlit in 2023, energy companies fear that the final plan will make it almost impossible...