Biden Walks Energy Tightrope With Alaska Snub, Critical Mineral Investments

September 8, 2023--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The Biden administration doubled down on the energy transition by pulling drilling acreage in Alaska off the table while at the same time announcing capital commitments for domestic critical minerals.

Interior Secretary Deb Haaland canceled seven oil and gas leases awarded by then-President Donald Trump, pulling more than 13 million acres in the National Petroleum Reserve of Alaska off the table for drillers.