ConocoPhillips sues Biden administration over Alaska drilling restrictions
ConocoPhillips(COP) Fox Business·2024-07-09 22:51
Alaska’s largest oil company has filed a lawsuit against the Department of the Interior, asking a judge to toss out new rules imposed by the Biden administration that they say "thwart and prevent the production of petroleum" across millions of acres of an Alaskan reserve. The recent filing from ConocoPhillips Alaska, Inc. in U.S. District Court comes months after the regulations surrounding the National Petroleum Reserve in Alaska (NPR-A) were set in place by the Bureau of Land Management (BLM). The federa ...