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Good News for Arctic National Wildlife Refuge !?

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mrmhead On March 27, 2024




NE, Ohio
#1New Post! Dec 31, 2020 @ 15:58:22
With the deadline today for submitting bids for 10-year leases on tracts covering more than 1 million acres of the refuge, there is little indication that oil companies are interested in buying the rights to drill under difficult conditions, to extract more costly fossil fuels for a world that increasingly is seeking to wean itself off them.

Link

In the uncertainty, a state-owned economic development corporation voted last week to authorize bidding up to $20 million for some of the leases.
In essence, hoping to capitalize if markets change.


Opening the federal lands to oil drilling was done under the Trump administration ... just sayin'
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