Alaska Lease Sale Ends With No Bids ...Middle East

OILPRICE - Economy
Alaska Lease Sale Ends With No Bids
source : OILPRICE ( Middle East ) () 50
A Congress-mandated lease sale in Alaska’s Arctic National Wildlife Refuge has failed to attract any bids, the Interior Department said in a statement, which noted the absence of bids proves President Biden’s point that drilling for oil and gas in the ANWR was a bad business idea. “The lack of interest from oil companies in development in the Arctic National Wildlife Refuge reflects what we and they have known all along – there are some places too special and sacred to put at risk with oil and gas drilling. This proposal…

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