Biden Administration Approves The Willow Project
The project is a massive and decades-long oil drilling venture on Alaska's North Slope in the National Petroleum Reserve, which is owned by the federal government.
The Biden Administration has approved a controversial project that has been a wavering decision for some time now.
ConocoPhillips’ Willow Project moved through the administration’s approval process for several months as it faced many arguments and a petition that gained over 3 million signatures.
The project is a massive and decades-long oil drilling venture on Alaska’s North Slope in the National Petroleum Reserve, which is owned by the federal government.
The area holds up to 600 million barrels of oil that would take years to reach the market since the project has yet to be constructed.
Now that the administration has officially approved the project, construction can begin, but it is unclear when due to impending legal challenges.