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Trump auctions Arctic refuge to oil companies in last bid against the environment,

Trump auctions Arctic refuge to oil companies in last bid against the environment It s a slap in the face to everyone looking towards a sustainable future. In one of its last strikes against the environment before leaving office, the Donald Trump administration auctioned yesterday oil and gas leases in Alaska’s Arctic National Wildlife Refuge (ANWR). The move comes after decades-long push by some Republicans to drill in one of the United States’ most vast unspoiled wild places. Image credit: Wikipedia Commons Still, the auction had a bitter-sweet result for the Trump administration. Most oil companies didn’t even try to buy the leases amid low oil prices and pressure from environmental groups, leaving the state agency Alaska Industrial Development and Export Authority as the main bidder alongside two smaller energy firms.

US holds first oil lease sale for Alaska s Arctic refuge

JUNEAU, Alaska (AP) The U.S. government held its first-ever oil and gas lease sale Wednesday for Alaska’s Arctic National Wildlife Refuge, an event critics labeled as a bust with major oil companies staying on the sidelines and a state corporation emerging as the main bidder. The sale, held as scheduled after a judge Tuesday rejected requests by Indigenous and conservation groups to halt the event, garnered bids on half the 22 tracts that were listed as available in the refuge’s coastal plain. The U.S. Bureau of Land Management, which held the sale, said the bids were under review.

Major Oil Companies Take A Pass On Controversial Lease Sale In Arctic Refuge

U.S. Fish and Wildlife Service Originally published on January 6, 2021 8:38 pm Updated at 7:54 pm ET One of the Trump administration s biggest environmental rollbacks suffered a stunning setback Wednesday, as a decades-long push to drill for oil in Alaska s Arctic National Wildlife Refuge ended with a lease sale that attracted just three bidders one of which was the state of Alaska itself. Alaska s state-owned economic development corporation was the only bidder on nine of the parcels offered for lease in the northernmost swath of the refuge, known as the coastal plain. Two small companies also each picked up a single parcel.

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