Current:Home > FinanceTrump Administration OK’s Its First Arctic Offshore Drilling Plan -Pinnacle Profit Strategies
Trump Administration OK’s Its First Arctic Offshore Drilling Plan
View
Date:2025-04-15 09:48:50
Making good on its promise to jump-start Arctic offshore drilling, the Trump administration gave Italian oil company Eni a quick green light on Wednesday to drill exploratory wells off the coast of Alaska.
This is the first Arctic drilling approval under President Donald Trump. It also will be the first exploration project conducted in the U.S. Arctic since Shell’s failed attempt in the Chukchi Sea in 2015.
The approval comes as the administration attempts to overturn former President Barack Obama’s ban of new drilling in federal Arctic waters. Eni’s leases were exempt from Obama’s ban because the leases are not new.
Environmental groups are calling the approval a sign that Trump is doing the bidding of the oil industry. The public had 21 days to review and comment on the exploration plan and 10 days to comment on the environmental impacts, which Kristen Monsell, an attorney with the Center for Biological Diversity, said was insufficient given the potential risks.
“An oil spill here would do incredible damage, and it’d be impossible to clean up,” Monsell said. “The Trump administration clearly cares only about appeasing oil companies, no matter its legal obligations or the threats to polar bears or our planet.”
Eni plans to drill four exploratory wells in December 2017, just before the leases expire at the end of the year.
The wells will be drilled from Spy Island, an existing gravel island in state waters, located three miles off the coast of Alaska. The wells would be the longest extended-reach wells in Alaska—stretching six miles horizontally into an area of shallow federal waters about six feet deep.
“We know there are vast oil and gas resources under the Beaufort Sea, and we look forward to working with Eni in their efforts to tap into this energy potential,” said the Management’s acting director, Walter Cruickshank, in a statement.
Monsell noted that Eni had not pursued exploratory drilling there until its leases were about to expire.
“Approving this Arctic drilling plan at the 11th hour makes a dangerous project even riskier,” she said.
In June, the Center and 12 other environmental organizations, including Earthjustice, Greenpeace, WWF and the Sierra Club, sent comments to BOEM about Eni’s proposed plan. In their comments, the groups said that Eni’s plan failed to adequately assess the extent of environmental harm the project could pose, the likelihood of an oil spill, or how Eni would respond to a large oil spill.
“Eni simply has failed to submit a complete, adequate Exploration Plan and environmental impact analysis, and, accordingly BOEM should rescind its completeness determination and reject Eni’s Exploration Plan,” the groups wrote.
BOEM disagreed, finding that the project would have “no significant impact.”
“Eni brought to us a solid, well-considered plan,” Cruickshank said.
Eni has said it will only drill in the winter when a potential oil spill would be easier to clean up and when whales are not migrating in the area.
Before Eni can drill, it will have to secure additional permits from the state Department of Environmental Conservation and the federal Bureau of Safety and Environmental Enforcement.
veryGood! (235)
Related
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Ohio K-9 officer fired after his police dog attacked surrendering suspect
- Giuliani won't contest claims he made 'false' statements about election workers
- Why TikToker Alix Earle and NFL Player Braxton Berrios Are Not in an Exclusive Relationship
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Beast Quake (Taylor's Version): Swift's Eras tour concerts cause seismic activity in Seattle
- Mega Millions jackpot soars to over $1 billion after no winner declared in draw
- As sneakers take over the workplace, the fashion phenomenon is making its way to Congress
- B.A. Parker is learning the banjo
- New app allows you to access books banned in your area: What to know about Banned Book Club
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- With Florida ocean temperatures topping 100, experts warn of damage to marine life
- Mangrove forest thrives around what was once Latin America’s largest landfill
- Kansas man charged with killing father, stabbing stranger before police shoot him
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Salmonella outbreak linked to ground beef hospitalizes 6 people across 4 states
- Dwayne The Rock Johnson makes 7-figure donation to SAG-AFTRA relief fund amid actors' strike
- Tottenham owner Joe Lewis charged by feds with insider trading
Recommendation
Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
Beyoncé's Mom Tina Knowles Files for Divorce From Richard Lawson After 8 Years of Marriage
Deadly wildfires in Greece and other European countries destroy homes and threaten nature reserves
Teen Mom’s Catelynn Lowell Finally Launched a Cheeky OnlyFans for Tyler Baltierra
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
GOP nominee says he would renew push for Medicaid work requirement if elected governor in Kentucky
Cigna accused of using an algorithm to reject patients' health insurance claims
Ethan Slater Files for Divorce From Lilly Jay Amid Ariana Grande Romance