JOURNAL ARTICLE
Trump Lifts Oil Drilling Curbs on Millions of Arctic Acres.
Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Natter, Ari 3 of 3
Abstract
The article discusses the Trump administration's decision to rescind restrictions on oil drilling in Alaska's National Petroleum Reserve, reversing a policy implemented by the Biden administration that limited drilling in nearly half of the reserve. The National Petroleum Reserve-Alaska, which spans 23 million acres, is estimated to contain 8.7 billion barrels of oil. The policy change has been met with mixed reactions; while it has been praised by some local advocacy groups for promoting energy development, environmental organizations have criticized it for potentially causing significant ecological harm. The article also notes that crude production from the reserve is projected to increase significantly by fiscal 2033. [Extracted from the article]
Additional Information
- Source:Bloomberg.com. 2025/11, pN.PAG
- Document Type:Article
- Subject Area:Social Sciences and Humanities
- Publication Date:2025
- Accession Number:189335404
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