Biden administration approves $8B Alaskan oil and gas project
Friday, March 17, 2023
The Biden administration has approved an $8 billion oil and gas project in Alaska, according to Energy Live News.
ConocoPhillips’ Willow Project is expected to produce up to 180,000 barrels of oil per day.
However, the project’s approval has been met with criticism due to its anticipated impact on the environment. The U.S. Bureau of Land Management anticipates it will produce up to 278 metric tonnes of carbon emissions during its 30-year lifespan.
The Biden administration has reduced the project from five sites to three in an effort to address the project’s opponents’ concerns.
Learn more: Energy Live News > US approves Alaskan oil and gas project
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Shale FAQ
What is fracking?
Fracking is a slang term for hydraulic fracturing. Fracturing is a process by which highly pressurized fluid is pumped thousands of feet into the ground to fracture rock formations. The goal is to release the natural gas that’s locked inside the rock.
Is it safe?
What most concerns people about fracturing is ground water contamination. The worry is that fractures underground, caused by the process, will extending upwards and into aquifers, releasing gas and chemicals into the ground water supply. There’s been no confirmed reports of such a thing happening. Though surface spills and drill site blowouts can lead to localized environmental concerns.
Will my water catch on fire?
Flammable water is caused by the release of methane gas into a drinking water supply. Methane gas occurs naturally and can be released by any kind of drilling, including water wells. In Pennsylvania officials fined Chesapeake Energy $1 million for contaminating ground water with methane. It was determined that the company had not properly cemented it’s boreholes and gas migrated up the well, between rock and into aquifers.