Archives for:

"Kara Moriarty"

Arctic Refuge lease sale goes bust, with no bids from major oil companies

One of the Trump administration’s biggest energy initiatives suffered a stunning setback Wednesday, as a decades-long push to drill for oil in Alaska’s Arctic National Wildlife Refuge ended with a lease sale that attracted just three bidders — one of which was the state of Alaska itself.

The Trump administration is moving to sell leases in ANWR, but will anyone show up for a sale?

The Trump administration is close to auctioning off drilling rights for the land in northeast Alaska — potentially just days before President-elect Joe Biden takes office in January. But to what degree will the industry participate?

Site notifications
Update notification options
Subscribe to notifications