CBS Report

  • The Biden administration has canceled the most high-profile oil and gas lease opportunities pending before the Home Office.
  • The decision restricts access to more than 1 million acres[1 million ha]of oil in Cookie, Alaska.
  • Initially, in a joint statement with CBS News, the Ministry of the Interior stated that the decision not to “move forward” with the sale of Cook Inlet leases was due to “lack of industrial interest in the local lease”.