Biden Admin Expected To Approve Scaled-Back Drilling In Alaska

The Biden administration proposed a drilling plan in Alaska that is a scaled-back version of the original plan proposed under the Trump administration, according to a Bureau of Land Management (BLM) statement.

The Bureau of Land Management (BLM) endorsed a scaled-back version of the ConocoPhillips (CP) drilling plan in Alaska, according to an environmental impact statement released by BLM Wednesday. The plan would allow CP to drill at just three sites with consideration deferred on a fourth, instead of the original five which CP had initially sought.

“The BLM has...