Business & Finance

Biden Blocks New Alaska Oil and Gas Leases

The Biden administration announced two major wins for the far-left environmentalists last Friday: it will block new oil and gas leasing on 13 million acres in Alaska’s federal petroleum reserve to protect local wildlife caribou and polar bears, and it will stop development on an access road for mining companies that was previously approved by the Trump administration.

IMG 20240423 WA0077 Biden Blocks New Alaska Oil and Gas Leases

Biden announced the government is blocking the development of the “Ambler Road,” a 211-mile access road that would have given mining companies the ability to access leased land for mineral development.The far-left environmentalist group the Sierra Club called the decision a “major victory.”

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