Finally! Someone is going to drill and it’s not in ANWR or offshore so everyone should be happy, right?
The US federal government said yesterday it would open 3.9m acres of land in a designated petroleum reserve in Alaska for drilling as a means to help curb rising petrol prices.
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The site was set aside decades ago but development was blocked by lawsuits from environmentalists concerned about disrupting wildlife. The government has tackled these fears, making it a condition of the lease by oil and gas companies that polar bears, waterfowl and caribou are protected.