Good news!
What an about face for the senile and demented 46th President! What a fool!
I guess, after the fool has depleted the Strategic Oil Reserve, he somehow realized that he could not go on doing this! See also my blog post here.
"The Biden administration has approved a massive new oil drilling project in Alaska, over the objections of environmental advocates who have said greenlighting the plan would violate the president's climate goals.
It came a day after the administration said it was blocking or limiting drilling elsewhere in the state.
The government on Monday approved a scaled-down version of the so-called Willow project, which means the energy firm ConocoPhillips can move ahead with its plans to drill in the National Petroleum Reserve, located on the state's North Slope. The company says the project has the potential to produce 180,000 barrels of oil per day. ...
The project will include more than 200 wells spread across three drilling pads and miles of pipelines and roads. ...
ConocoPhillips said the project could generate as much as $17 billion in new revenue for federal, state and local governments. The company also said it would create 2,500 construction jobs and roughly 300 permanent jobs. ...
The government's announcement on Sunday blocks drilling in roughly 3 million acres of the Beaufort Sea and restricts drilling in another 13 million acres of Alaska's National Petroleum Reserve. ..."
The project will include more than 200 wells spread across three drilling pads and miles of pipelines and roads. ...
ConocoPhillips said the project could generate as much as $17 billion in new revenue for federal, state and local governments. The company also said it would create 2,500 construction jobs and roughly 300 permanent jobs. ...
The government's announcement on Sunday blocks drilling in roughly 3 million acres of the Beaufort Sea and restricts drilling in another 13 million acres of Alaska's National Petroleum Reserve. ..."
From the company news release:
"... After nearly five years of rigorous regulatory and environmental review, the National Environmental Policy Act (NEPA) process is complete. Willow is designed to support and coexist with subsistence activities with many mitigation measures built into the project design. ..."
ConocoPhillips Welcomes Record of Decision on the Willow Project
This 2019 aerial photo provided by ConocoPhillips shows an exploratory drilling camp at the proposed site of the Willow oil project on Alaska's North Slope.
No comments:
Post a Comment