• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
North Americaclimate change

Trump opens up the Arctic refuge, one of America’s last untouched wilds, to drilling

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
October 24, 2025, 12:30 PM ET
Marie Rexford, Inpiat resident The Arctic National Wildlife Refuge, which is about the size of South Carolina, in Kaktovik, Alaska on June 28, 2024.
Marie Rexford, Inpiat resident The Arctic National Wildlife Refuge, which is about the size of South Carolina, in Kaktovik, Alaska on June 28, 2024.Carolyn Van Houten/The Washington Post via Getty Images
Add Fortune on Google for similar content.

The Trump administration on Thursday finalized plans to open the coastal plain of Alaska’s Arctic National Wildlife Refuge to potential oil and gas drilling, renewing a long-simmering debate over whether to drill in one of the nation’s environmental jewels.

Recommended Video

U.S. Interior Secretary Doug Burgum announced the decision Thursday that paves the way for future lease sales within the refuge’s 1.5 million-acre ( 631,309 hectare) coastal plain, an area that’s considered sacred by the Indigenous Gwich’in. The plan fulfills pledges made by President Donald Trump and congressional Republicans to reopen this portion of the refuge to possible development. Trump’s bill of tax breaks and spending cuts, passed during the summer, called for at least four lease sales within the refuge over a 10-year period.

Burgum was joined in Washington, D.C., by Alaska Republican Gov. Mike Dunleavy and the state’s congressional delegation for this and other lands-related announcements, including the department’s decision to restore oil and gas leases in the refuge that had been canceled by the prior administration.

A federal judge in March said the Biden administration lacked authority to cancel the leases, which were held by a state corporation that was the major bidder in the first-ever lease sale for the refuge held at the end of Trump’s first term.

Leaders in Indigenous Gwich’in communities near the refuge consider the coastal plain sacred, noting its importance to a caribou herd they rely upon, and they oppose drilling there. Leaders of Kaktovik, an Iñupiaq community within the refuge, support drilling and consider responsible oil development to be key to their region’s economic well-being.

“It is encouraging to see decisionmakers in Washington advancing policies that respect our voice and support Kaktovik’s long term success,” Kaktovik Iñupiat Corp. President Charles “CC” Lampe said in a statement.

A second lease sale in the refuge, held near the end of President Joe Biden’s term, yielded no bidders but critics of the sale argued it was too restrictive in scope.

Meda DeWitt, Alaska senior manager with The Wilderness Society, said that with Thursday’s announcement the administration “is placing corporate interests above the lives, cultures and spiritual responsibilities of the people whose survival depends on the Porcupine caribou herd, the freedom to live from this land and the health of the Arctic Refuge.”

The actions detailed Thursday are consistent with those laid out by Trump on his return to office in January, which also included calls to speed the building of a road to connect the communities of King Cove and Cold Bay.

Burgum on Thursday announced completion of a land exchange deal aimed at building the road that would run through Izembek National Wildlife Refuge. King Cove residents have long sought a land connection through the refuge to the all-weather airport at Cold Bay, seeing it as vital to accessing emergency medical care. Dunleavy and the congressional delegation have supported the effort, calling it a life and safety issue.

Conservationists vowed a legal challenge to the agreement, with some tribal leaders worried a road will drive away migratory birds they rely on. The refuge, near the tip of the Alaska Peninsula, contains internationally recognized habitat for migrating waterfowl. Past land exchange proposals have been met with controversy and litigation.

The Center for Biological Diversity, an environmental group, said the latest land agreement would exchange about 500 acres (202 hectares) of “ecologically irreplaceable wilderness lands” within the refuge for up to 1,739 acres (703.7 hectares) of King Cove Corp. lands outside the refuge. Tribal leaders in some communities further north, in Yup’ik communities in the Yukon-Kuskokwim Delta region, have expressed concerns that development of a road would harm the migratory birds important to their subsistence ways of life.

“Along with the Native villages of Hooper Bay and Paimiut, we absolutely plan to challenge this decision in court,” said Cooper Freeman, the center’s Alaska director.

U.S. Sen. Lisa Murkowski, a Republican, told reporters she has been fighting for the land access for King Cove throughout her tenure and has been to both the community and the refuge. She called the refuge a “literal bread basket” for many waterfowl and said it was in everyone’s interest to ensure that a road is built with minimal disturbance.

“I think it’s important to remember that nobody’s talking about a multi-lane paved road moving lots of big trucks back and forth,” she said. “It is still an 11-mile, one-lane, gravel, noncommercial-use road.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in North America

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in North America

Current price of oil as of July 1, 2026
Personal FinanceOil
Current price of oil as of July 1, 2026
By Joseph HostetlerJuly 1, 2026
2 hours ago
senate
CommentaryCongress
One rare bipartisan AI bill is moving through Congress. Here’s why it deserves to pass
By Neil Björkman and Betsy BrewerJuly 1, 2026
4 hours ago
Henry Ford, Steve Jobs, William Boeing: These Fortune 500 founders are the American-born children of immigrants
PoliticsImmigration
Henry Ford, Steve Jobs, William Boeing: These Fortune 500 founders are the American-born children of immigrants
By Catherina GioinoJuly 1, 2026
8 hours ago
Image of colored bar charts with one being pushed up.
NewslettersEye on AI
AI is minting billion-dollar companies faster than before
By Beatrice NolanJune 30, 2026
22 hours ago
Stripe CEO Patrick Collison gestures with his hands as he speaks into a microphone before a congressional committee hearing.
Cryptostablecoins
Stripe, Visa and over 140 other businesses to launch stablecoin to rival Tether and Circle
By Camila Grigera NaónJune 30, 2026
22 hours ago
kean
PoliticsCongress
Tom Kean discloses depression diagnosis behind 4-month absence from Congress: ‘until you experience it yourself, it is difficult to fully understand’
By Mike Catalini, Joey Cappelletti and The Associated PressJune 30, 2026
22 hours ago

Most Popular

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
6 days ago
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
By Preston ForeJune 27, 2026
4 days ago
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Success
Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
By Sydney LakeJune 29, 2026
2 days ago
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
Commentary
The U.S. Army is opening military bases to private billions — here's why that changes everything for the next 250 years
By Marc AndersenJune 30, 2026
1 day ago
Current price of oil as of June 30 2026
Personal Finance
Current price of oil as of June 30 2026
By Joseph HostetlerJune 30, 2026
1 day ago
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunch
By Marco Quiroz-GutierrezJuly 1, 2026
8 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.