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Biden Approved a Big Oil Project. Now, He’s Cracking Down on Drilling. [1]

['Lisa Friedman', 'More About Lisa Friedman']

Date: 2023-09-07

President Biden’s decision on Wednesday to block drilling on millions of acres of Alaskan tundra was the latest in a series of aggressive actions recently taken by the administration to curtail fossil fuel extraction on public land and in federal waters.

Over the past several months, the administration has moved to bar drilling on 1.8 million acres of sagebrush steppe in Wyoming and on more than a million acres of public land in Colorado. It insulated more than 336,400 acres of public land around Chaco Culture National Historical Park from new oil and gas leasing and mining claims for the next two decades. And last month, it said it would remove about six million acres of potentially oil-rich areas from an upcoming federal lease sale in the Gulf of Mexico that is required by law.

The Interior Department has also raised the royalties that fossil fuel companies must pay to pull oil, gas and coal from public lands for the first time since 1920, while increasing more than tenfold the cost of the bonds that companies must pay before they start drilling. The Bureau of Land Management also wants to change how it manages the 245 million acres under its control by allowing conservation leases, similar to the way the agency auctions off parcels for drilling and mining.

Administration officials said the conservation efforts were not new and many of the drilling restrictions had been underway for months.

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[1] Url: https://www.nytimes.com/2023/09/07/climate/biden-drilling-climate-oil.html?unlocked_article_code=ePTbqQfbn8ShjRDarUcLcTfm7bOBFxrM3TS5RaJOlZrZvlb0sEAJPy2Qm1p909CMji5WdfGnR6JzEhCL_PRrIzufIBN1PqzXEa2y4MPteA5IfRR1dx2u-P9gn_wmE7DxpewrYDqO4hJXQNu1ZnYP1j2DB37l3gYLlo82cEjdu8BjOkf-phY8qgvgniW8fKzj8ELasuAuwY9urgKvO4og6H8VMxo31tZ_vl6zVu7WXh93ZPQpVTdRRkfsG1YW07bcWlhHb69pQyr37331jSUDEIpJD8FGfYZF5AyrQzpv0AC0dmlqML12bvfGsAsRuWsgDVH8rDcGEWvjD-VLUzGvvYTsQJE&smid=url-share

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