Washington Watch: Biden team reportedly will cancel Alaska reserve’s oil and gas drilling leases

The Biden Administration on Wednesday will announce the cancellation of controversial oil and natural gas leases in an Alaskan federal wildlife refuge that were bought by a state development agency in 2021, according to sources briefed on the matter, Reuters and other news outlets reported Wednesday.

The Trump administration had granted the Alaska Industrial Development and Export Authority the rights to drill in the Arctic National Wildlife Refuge (ANWR), a largely pristine area home to a number of species and land considered…