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

US to Auction Almost 1 Million Acres Off Alaskan Coast for Oil Drilling
Fishing boats entering Cook Inlet via the Kenai River, Kenai, Alaska, on July 1, 2020. Beeblebrox via Wikimedia Commons/CC BY-SA 4.0
Bryan Jung
Updated:
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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.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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