Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Iowa man stops Trump at restaurant with unexpected...
Ted Cruz urges US to arm Iranian protesters...
Rubio scheduled to appear before Senate to outline...
Ilhan Omar backed by House Republicans after Minnesota...
Rubio says US has no plan to use...
Combined war casualties for Russia and Ukraine could...
China infiltrates key Pacific territory of Micronesia with...
Capitol police arrest Rubio hearing disruptor, as Republican...
Trump calls on employers nationwide to match contributions...
Rubio warns NATO allies US is ‘not simply...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

New US Interior Secretary Moves to Expand Alaska Energy Development

by admin February 7, 2025
February 7, 2025
New US Interior Secretary Moves to Expand Alaska Energy Development

Former North Dakota Governor Doug Burgum took the oath of office to become the 55th US secretary of the interior on Saturday (February 1), vowing to prioritize domestic energy expansion, particularly in Alaska.

On his first day in office, Burgum wasted no time in advancing the administration’s energy agenda, signing six Secretary’s Orders designed to bolster US energy independence and expand resource development, particularly in Alaska.

“Today marks the beginning of an exciting chapter for the Department of the Interior,” Burgum said in a Monday (February 3) press release. “We are committed to working collaboratively to unlock America’s full potential in energy dominance and economic development to make life more affordable for every American family while showing the world the power of America’s natural resources and innovation.”

His swift actions align with the Trump administration’s revitalized efforts to reverse environmental and regulatory policies enacted under Joe Biden. Among the most consequential of his directives is Secretary’s Order 3422, which implements Executive Order 14153, titled “Unleashing Alaska’s Extraordinary Resource Potential.”

This order prioritizes resource extraction in Alaska, and rescinds previous restrictions that limited oil, gas and mineral production in the state. Specifically, Secretary’s Order 3422 directs the Department of the Interior to maximize natural resource production on both federal and state lands in Alaska. This includes oil and gas extraction and timber harvesting.

A key component of this shift is the revocation of Secretary’s Order 3401, which was issued in June 2021. It placed a temporary moratorium on activities in the Arctic National Wildlife Refuge Coastal Plain Oil and Gas Leasing Program.

The new order reinstates Secretary’s Order 3352, originally issued in May 2017, which prioritized energy development in the National Petroleum Reserve-Alaska (NPR-A). The reversal means that federal agencies must immediately reevaluate existing restrictions on leasing and permitting for oil and gas extraction in Alaska.

Additionally, Burgum’s order requires a review of all punitive restrictions that have hindered energy development in the state. Agencies must submit plans within 15 days outlining how they will execute the administration’s energy goals.

By reinstating Secretary’s Order 3352, the interior department is once again prioritizing the NPR-A for oil and gas leasing. The NPR-A is one of the largest oil-rich federal land reserves in the US, containing an estimated 8.7 billion barrels of recoverable oil and 25 trillion cubic feet of natural gas, according to government assessments.

Burgum’s order also emphasizes Alaska’s potential as a major liquefied natural gas (LNG) hub. The order includes provisions for fast-tracking pipeline infrastructure and transportation networks to support the state’s LNG industry.

To facilitate these efforts, the order mandates expediting the permitting and leasing process for new energy and natural resource projects in Alaska, and prioritizing infrastructure projects that are necessary for transporting resources.

The directive is expected to accelerate investments in Alaska’s energy sector, encouraging private companies to expand operations in the North Slope, the Cook Inlet and offshore areas.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

previous post
Chipotle downplays looming Trump tariffs, says only half of its avocados are from Mexico
next post
Almonty Pens Molybdenum Offtake Deal with SpaceX Contractor SeAH

You may also like

Cobalt Price Recovery Facing Uncertainty as Battery Chemistry...

November 15, 2024

What Was the Highest Price for Gold?

September 13, 2025

US, Taiwan to Invest US$250 Billion Into American...

January 16, 2026

Lupin Protein Health Benefits Presentation

March 24, 2025

Noble Mineral highlights Mann West Nickel Sulphide Initial...

June 12, 2025

Kinetiko Commences Trading on North American OTC Market

December 23, 2025

Freegold Continues to Intersect Higher-Grade at Golden Summit...

October 20, 2025

Top 5 Canadian Mining Stocks This Week: San...

March 8, 2025

Charbone Hydrogene annonce les resultats financiers 2024

April 30, 2025

WGC: Gold Demand Reaches Highest Q1 Level Since...

May 1, 2025

Recent Posts

  • Iowa man stops Trump at restaurant with unexpected request before speech
  • Ted Cruz urges US to arm Iranian protesters as militias threaten ‘total war’ against America
  • Rubio scheduled to appear before Senate to outline Trump’s Venezuela policy
  • Ilhan Omar backed by House Republicans after Minnesota town hall attack
  • Rubio says US has no plan to use force in Venezuela — but warns ‘imminent threat’ could change that

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (968)
    • Investing (3,977)
    • Politics (4,800)
    • Stock (4)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 Sightful Invest. All Rights Reserved.