Trump finalizes rollback of Arctic drilling restrictions
November 14, 2025
(World Oil) – The Trump administration rescinded restrictions on oil drilling in Alaska’s mammoth state petroleum reserve, reversing a move by former President Joe Biden that put limits on an area holding an estimated 8.7 billion barrels. The policy reversal finalized Thursday applies to a 2024 rule that banned drilling on nearly half of the 23 million-acre National Petroleum Reserve-Alaska,
