Alaska Files Lawsuit Against Biden Administration Over Arctic Oil and Gas Lease Restrictions

Economy

1 year ago

News sources:

Credited from: THEHILL

The **state of Alaska has initiated a lawsuit** against the Biden administration over recent federal restrictions on **oil and gas leases in the Arctic**.
Alaska claims the **federal Interior Department's restrictions**, imposed in December, violate **the 2017 tax reform legislation** that mandates leasing in the Arctic National Wildlife Refuge.
The **restrictions limit the auction to 400,000 acres**, which Alaska contends renders the area “**impossible or impracticable to develop**.”
Alaska Attorney General **Treg Taylor has criticized the administration** for ignoring congressional authorization, stating that the lawsuit seeks to overturn the restrictions.
The **lawsuit follows the Interior Department's announcement** of receiving no bids for the lease sale, raising concerns over the viability of Arctic drilling projects.

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