Current:Home > FinanceTrump Administration OK’s Its First Arctic Offshore Drilling Plan -FinanceMind
Trump Administration OK’s Its First Arctic Offshore Drilling Plan
View
Date:2025-04-18 09:41:33
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! (38582)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- These students raised hundreds of thousands to make their playground accessible
- Pay up, kid? An ER's error sends a 4-year-old to collections
- The happiest country in the world wants to fly you in for a free masterclass
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Germany’s Nuke Shutdown Forces Utility Giant E.ON to Cut 11,000 Jobs
- James Marsden Reacts to Renewed Debate Over The Notebook Relationships: Lon or Noah?
- Kourtney Kardashian announces pregnancy with sign at husband Travis Barker's concert
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Experts weigh medical advances in gene-editing with ethical dilemmas
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- A Plant in Florida Emits Vast Quantities of a Greenhouse Gas Nearly 300 Times More Potent Than Carbon Dioxide
- Camila Cabello Goes Dark and Sexy With Bold Summer Hair Color
- Changing our clocks is a health hazard. Just ask a sleep doctor
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- What SNAP recipients can expect as benefits shrink in March
- Brittany Mahomes Shows How Patrick Mahomes and Sterling Bond While She Feeds Baby Bronze
- Will Ariana Madix Film With Tom Sandoval and Raquel Leviss Again? She Says...
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Uh-oh. A new tropical mosquito has come to Florida. The buzz it's creating isn't good
Why Miley Cyrus Wouldn't Want to Erase Her and Liam Hemsworth's Relationship Despite Divorce
Spills on Aging Enbridge Pipeline Have Topped 1 Million Gallons, Report Says
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
The U.S. has a high rate of preterm births, and abortion bans could make that worse
A Plant in Florida Emits Vast Quantities of a Greenhouse Gas Nearly 300 Times More Potent Than Carbon Dioxide
First Water Tests Show Worrying Signs From Cook Inlet Gas Leak