US President Biden to limit oil drilling in 16 million acres in Alaska & the Arctic Ocean

[forex4you]

US President Biden to limit oil drilling in 16 million acres in Alaska & the Arctic Ocean

<p><a href="https://apnews.com/article/biden-oil-drilling-alaska-arctic-ff58d8a7fda5a00a1b4bbbbebd7d8781" target="_blank" rel="nofollow">AP</a> with the report:</p><ul><li>President Joe Biden he will prevent or limit oil drilling in 16 million acres in Alaska and the Arctic Ocean, an administration official said on Sunday.
</li><li>
The announcement, expected as soon as Sunday evening, would bar drilling in nearly 3 million acres of the Arctic Ocean -- closing off the rest of its federal waters from oil exploration -- and limit drilling in more than 13 million acres in a vast swath of land known as the National Petroleum Reserve - Alaska.
</li><li>
The official requested anonymity to discuss the conservation effort before it is officially unveiled.</li></ul><p>More at that link above. </p><p>Oil update, (US) Sunday evening trade:</p>

                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: US President Biden to limit oil drilling in 16 million acres in Alaska & the Arctic Ocean

forexlive.com