Image Credit: Joe Raedle/Getty Images
Image Credit: Joe Raedle/Getty Images

On Monday, the Biden administration approved the massive Willow oil drilling project in Alaska. The decision will move forward a 30-year oil drilling project in Alaska pushing the left’s concerns over the matter to the side. The decision notes that the project was approved with the option being selected as it produced the fewest greenhouse gas emissions compared to alternatives. This comes as Alaska Senator Dan Sullivan, and others, ask for the project’s approval sights jobs and resources.

According to Fox News,

The Department of Interior (DOI) approved three of the five drilling sites proposed by oil company ConocoPhillips as part of its Willow Project in the National Petroleum Reserve (NPR-A) located in North Slope Borough, Alaska. ConocoPhillips previously stated that, for the project to remain economically viable, the federal government would need to approve at least three of the sites.

According to the record of decision published by the Bureau of Land Management, the administration is also flatly rejecting the two other drilling sites and associated infrastructure proposed by ConocoPhillips. And the Houston-based company agreed to forfeit about 68,000 acres of drilling rights that it owns for a separate project.

“The Record of Decision denies two of the five drill site pads proposed by ConocoPhillips, reducing the project’s drill pads by 40 percent,” the DOI said in a statement. “The concurrent relinquishment of 68,000 acres by the company of its existing northernmost and southernmost leases within the Bear Tooth Unit reduces the Bear Tooth Unit’s footprint in the NPR-A by one-third.”

“This reduces the project’s freshwater use and eliminates all infrastructure related to the two rejected drill sites, including approximately 11 miles of roads, 20 miles of pipelines, and 133 acres of gravel, all of which reduces potential impacts to caribou migration and subsistence users.”

Willow has forecasted that the project could produce 180,000 barrels of oil a day which could create more than 2,500 construction jobs and 300-long term jobs. They also forecasted that by its competition, the project could yield 614 million barrels of oil.  It could also deliver $17 billion in revenue to the Federal government, Alaska, and in local communities through its production.



Comments

Leave a Reply

Your email address will not be published. Required fields are marked *