Biden administration limits gas and oil drilling in Alaska
The Interior Department released a new regulation Friday that will affect 13 million acres in Alaska from being drilled for oil.
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The Interior Department released a new regulation Friday that will affect 13 million acres in Alaska from being drilled for oil.
The Biden administration said the road, also known as the Ambler Access Project, would cause irreparable damage to wildlife including caribou, which many local people rely on for food.
Oil price volatility has climbed this week as tensions between Israel and Iran continued to escalate but fail to have a tangible impact on supply.
Both Alaska senators, Republicans Dan Sullivan and Lisa Murkowski expressed outrage even before the decisions were formally announced.