Tag: American Petroleum Institute

Biden Admin Announces Massive Restrictions on Alaskan Oil Reserve and Hampers Key Mining Project in One Fell Swoop

Pennsylvania Daily Star Staff
Alaska Petroleum Reserve

The Biden administration moved to block oil and gas activity on millions of acres of Alaskan land and effectively rejected a road project needed to mine large reserves of copper in the state on Friday, Bloomberg News reported.

The Department of the Interior (DOI) finalized a plan that will restrict future oil leasing and development on about half of the National Petroleum Reserve-Alaska (NPR-A), an area in the state’s north approximately the size of Indiana first designated by former President Warren Harding as an emergency source of fuel for the U.S. Navy, according to Bloomberg News. The DOI also moved to all but shoot down the Ambler Access Project, a previously-approved proposal for a mining company to build a 211-mile long road needed to mine copper reserves potentially worth billions of dollars.

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Media Picks Up Novel Legal Theory Suggesting Big Oil Is Homicidal

Pennsylvania Daily Star Staff
Oil Rig

A new narrative is making its way through major media outlets about major oil corporations: climate change that they purportedly caused is taking lives, and they could be held liable for homicide.

In recent weeks, numerous outlets have run stories or opinion pieces promoting or otherwise examining the novel legal theory, which is the subject of a new paper published by the Harvard Environmental Law Review, according to a Tuesday E&E News report detailing the architects’ efforts to market their idea to prosecutors. The Boston Globe, The Guardian, Newsweek, Inside Climate News and other outlets have all recently published pieces promoting the idea that leading oil companies could or should be charged with murder for their role in climate change, which the theory’s architects claim has caused thousands of deaths in the U.S.

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Biden May Not Hold Any Offshore Oil and Gas Leases Until the End of His Term, Industry Group Says

Admin

The American Petroleum Institute (API), a leading industry group, said the next offshore oil and gas lease sale likely wouldn’t come until early 2024 following the latest Biden administration update.

The Department of the Interior (DOI) announced Thursday that it would issue an updated proposed program plan for offshore lease sales by June 30. The API, though, said the announcement confirms the administration is “significantly behind” in the multi-year process required for approving a new five-year offshore plan, likely delaying lease sales until early 2024.

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