Arctic Oil

Interior Secretary David Bernhardt said Saturday that the Trump administration is “about to finalize a leasing plan” to sell rights for oil drilling in Alaska’s Arctic National Wildlife Refuge, Bloomberg reports.

The intrigue: Some of America’s biggest banks are cutting off financing for Arctic oil and gas projects. 

Details: The Interior Department completed an environmental study of drilling in the Arctic refuge last year, per Bloomberg. Formal conditions for guiding development on leases sold in the region are still being developed. 

Go deeper: A new phase in the Arctic drilling battle

Comments invited please or reblog



Life is like a bunch of roses. Some sparkle like raindrops. Some fade when there's no sun. Some just fade away in time. Some dance in many colors. Some drop with hanging wings. Some make you fall in love. The beauty is in the eye of the beholder. Life you can be sure of, you will not get out ALIVE.(sorry about that)