Biden Decision on Oil Project Highlights Messy Policy
The president will determine whether a new Alaska field can go ahead. Environmental groups would hate it, but he spent much of last year calling for higher production.
Huskies in Willow, Alaska.
Photo: Bloomberg
Hello and welcome to Elements, Bloomberg’s energy and commodity newsletter. This week, we’re coming to you from CERAWeek in Houston, probably the single most important energy gathering of the year. We’ll bring you all the news from a cast that includes the leaders of most of the world’s largest energy producers and senior oil ministers. Senior Reporter Kevin Crowley kicks things off with a look at the dilemma President Biden faces on whether to allow an oil project in Alaska. To get all the news from CERAWeek and beyond, click here.
Houston brands itself the “energy capital of the world,” but when Big Oil CEOs, politicians and climate folk gather at the city’s CERAWeek by S&P Global conference, one of the top talking points will be a project 3,500 miles away.