And the rest of the story...
Posted on: March 31, 2024 at 18:54:29 CT
pinkman MU
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Willow was proposed by ConocoPhillips and originally approved by the Trump administration in 2020. ConocoPhillips was initially approved to construct five drill pads, which the Biden administration ultimately reduced to three. Three pads will allow the company to drill about 90% of the oil they are pursuing.
The Biden administration felt its hands were tied with the project because Conoco has existing and valid leases in the area, two government sources told CNN. They determined that legally, courts wouldn’t have allowed them to fully reject or drastically reduce the project, the sources said. If they had pursued those options, they could have faced steep fines in addition to legal action from ConocoPhillips.