US to Auction Almost 1 Million Acres Off Alaskan Coast for Oil Drilling

Almost one million acres off the coast of Alaska will be auctioned off by the Biden administration next month for oil and gas drilling.
This is to comply with a mandate in the Inflation Reduction Act (IRA) that was part of a compromise imposed by Sen. Joe Manchin (D-W.V.) on the White House to gain his support for passage of the bill.
The news of the auctions comes a few weeks after President Joe Biden had an heated exchange with a climate protester, and declared at a rally on Nov. 6 that there would be “no more drilling,”
“There is no more drilling. I haven’t formed any new drilling,” he repeated….}

scroll to top