Trump Administration Aims to Speed Oil Permitting in Alaska

The Trump administration plans to streamline the permitting process for oil developments inside the National Petroleum Reserve-Alaska as it pushes to accelerate crude production in the US Arctic.

The Interior Department initiative aims to establish a new permit framework for building and operating oil production sites and related infrastructure within the reserve. Under the approach, qualifying projects could be more swiftly analyzed and authorized, potentially in just 30 days.