Republicans Eye Boom in Oil and Gas Leases ...Middle East

OILPRICE - Economy
Republicans Eye Boom in Oil and Gas Leases
source : OILPRICE ( Middle East ) () 31
Republicans in Congress have drafted plans for a significant increase in oil, gas, and coal lease sales in order to foot the bill for President Trump’s tax cut plans, Bloomberg has reported, citing the draft. Per that document, the House Natural Resources Committee is eyeing at least four lease sales for the coastal plain of the Alaska Arctic National Wildlife Refuge over the next ten years. The plan also envisages a restart of the lease sales in the National Petroleum Reserve of Alaska plus quarterly onshore oil and gas lease sales and new…

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