Biden Administration Plans Minimal Alaska Oil Lease Sale ...Middle East

Economy by : (OILPRICE) -
The Biden Administration plans to offer the minimal possible acreage in a Congress-mandated oil and gas lease sale in the coastal plain of Alaska’s Arctic National Wildlife Refuge, the Bureau of Land Management (BLM) said late on Wednesday. The BLM is required in the 2017 Tax Act by Congress to hold two lease sales in the Coastal Plain within seven years of enactment. The bureau has now released the final Coastal Plain Oil and Gas Leasing Program Supplemental Environmental Impact Statement (SEIS), which analyzed a lease sale mandated by Congress…

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