President Joe Biden took another ax to American energy Wednesday with the cancellation of Trump-era leases for oil and gas development in Alaska’...
President Joe Biden took another ax to American energy Wednesday with the cancellation of Trump-era leases for oil and gas development in Alaska’s Arctic National Wildlife Refuge.
In 2017 through the landmark Tax Cuts and Jobs Act, Congress opened up a 1.6-million-acre patch along Alaska’s north coast for drilling leases. The section amounts to less than 10 percent of the entire refuge, which spans 19.6 million acres in northeast Alaska and is about the size of South Carolina.
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