POTATUS Not Helping to Refill the SPR Any Time Soon

The Biden administration on Friday dealt another blow to the U.S. oil industry by declaring millions of acres in Alaska off limits to new oil drilling.

The Department of the Interior announced on Friday that it will prohibit any new oil drilling project in the U.S. Arctic Ocean as well as on 11 million acres of Alaska’s National Petroleum Reserve and nearly 3 million acres of Alaska’s coastal waters, according to Politico

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President Joe Biden is "proud that [his] Administration is taking action to conserve more than 13 million acres in the Western Arctic and to honor the culture, history, and enduring wisdom of Alaska Natives who have lived on and stewarded these lands since time immemorial," the White House said in a statement on Friday.

Dustin Meyer, senior vice president of policy at the American Petroleum Institute, denounced the Biden administration’s move as "yet another step in the wrong direction."

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