Biden team reportedly will cancel Alaska reserve's oil and gas drilling leases

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Biden team reportedly will cancel Alaska reserve's oil and gas drilling leases
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Biden will reportedly cancel controversial oil and natural gas leases in an Alaskan federal wildlife refuge pushed through in Trump's final days.

The Biden Administration on Wednesday will announce the cancellation of controversial oil and natural gas leases in an Alaskan federal wildlife refuge that were bought by a state development agency in 2021, according to sources briefed on the matter, Reuters and other news outlets reported Wednesday.

Related: Biden administration freezes Alaska oil drilling leases that were among Trump’s parting moves In June 2021, Biden’s administration said it would suspend the leases issued in ANWR pending an environmental review. The state agency sued but a federal judge last month dismissed that claim, saying the government’s delay in implementing the ANWR leasing program for review was reasonable.

And two entities that participated and won leases at the ANWR sale withdrew from their holdings in 2022.

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