Greenland regulators withdraw backing for oil project after Price’s Dr. Phil interview

Texas oilman Robert Price has exclusive drilling rights in Jameson Land, a remote area of Greenland near the Arctic Circle.

He says the area may hold as many as 13 billion barrels of oil, but the oil has not been found.

Price discussed the project and his father’s wartime service in Greenland on a podcast hosted by Dr. Phil.

Greenlanders were angered by the interview, amid concern about President Donald Trump’s ambition to control the island.

Local regulators withdrew their backing for the project.

Price says the plan is about bringing investment to Greenland, not advancing the Trump administration’s aims.

His company says it will continue the regulatory process, while Price tries to repair relations and save the project.