On Sept. 6, the Biden administration announced it would be canceling seven Trump-era oil and gas drilling leases in the Arctic National Wildlife Refuge, more commonly known as ANWR. Additionally, approximately 13 million acres of land in the National Petroleum Reserve in Alaska may become federally protected in a proposition by the Interior Department. This.
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The cancellation will affect Alaska’s state-owned oil development agency, the Alaska Industrial Development and Export Authority, which bought the leases covering about 365,000 acres on ANWR’s Coastal Plain during the Trump administration.