Home The sale of Arctic refuge oil leases draws meager bidding — mostly from an Alaska state agency
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The sale of Arctic refuge oil leases draws meager bidding — mostly from an Alaska state agency

The sale drew just $14.4 million, with a state development agency, AIDEA, winning nine of the 11 completed bids.

By Yereth Rosen January 6, 2021
2928

A much-vaunted and highly controversial lease sale auctioning off drilling rights in Alaska’s Arctic National Wildlife Refuge drew a meager $14.4 million on Wednesday, with an Alaska state agency submitting most of the bids.

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