On Wednesday the Biden administration decided to no longer defend a massive oil project that would have ramped up production in Alaska. And while the Biden administration is making the headlines for its continuing fight against oil developments in the state, the reality shows that oil companies are also losing interest in producing oil in the last frontier. Today, POLITICO’s Ben Lefebvre explains the administration’s decision around the Willow project. Ben Lefebvre covers energy for POLITICO. Annie Snider covers environment issues for POLITICO and is the host of POLITICO Energy. Carlos Prieto is a Politico podcast producer. Raghu Manavalan is the host-producer of the Playbook Daily Briefing and a senior editor for POLITICO audio. Irene Noguchi is the executive producer of POLITICO’s audio department.