Page 60 - Export Authority News Today

In this undated photo, caribou from the Porcupine Caribou Herd migrate onto the coastal plain of the Arctic National Wildlife Refuge in northeast Alaska. The refuge takes up an area nearly the size of South Carolina in Alaska's northeast corner. More evidence of the ongoing downsizing of the oil industry. Arctic under severe threat, but…

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...

(Reuters) -The Trump administration on Wednesday found few takers at its sale of drilling leases in a pristine Arctic wildlife refuge, with an Alaska state agency emerging as the sole bidder for most of the acreage sold. The sale, which generated around $14.4 million in high bids, marked a rejection by the oil and gas industry of one of President Donald Trump's signature efforts to expand fossil fuel and mineral development in the United States and to Alaska officials' decades-long ef...

On Wednesday, while a mob of domestic terrorists stormed the U.S. Capitol, something else undemocratic was going on: the Trump administration was holding the first-ever sale for oil leases in the Arctic National Wildlife Refuge (ANWR). And, like the attempted coup, it was a complete failure—one that’s likely to lead to permanent protections for the country’s last unspoiled wilderness.  “Today’s sale reflects the brutal economic realities the oil and gas industry continues to face a...

The lease sales will not cover Republicans’ proposed tax cuts as promised. By Story at a glance In mid-November, the Trump administration launched the formal process of selling oil drilling leases in Alaska’s Arctic National Wildlife Refuge. Every major bank in the U.S. has ruled out financing oil and gas exploration in the Arctic. With few bids from oil companies, the state of Alaska was forced to lease the lands itself. It was a grand plan proposed by the Trump administ...

US leases long-sought Alaska oil rights in Trumps final days AFP 1/7/2021 AFP © Handout The Trump adminstration moved ahead with a lease sale just two weeks before it steps down US President Donald Trumps administration auctioned off 11 oil leases in the Alaska National Wildlife Refuge on Wednesday, in a last-ditch move to expand drilling in the areas coveted by some petroleum producers before he leaves office. Major oil companies however sat out bidding for tracts in the e...

US holds first oil lease sale for Alaskas Arctic refuge Becky Bohrer Updated:  Tags:  Full Screen1 / 2 FILE - In this undated file photo provided by the U.S. Fish and Wildlife Service, caribou from the Porcupine caribou herd migrate onto the coastal plain of the Arctic National Wildlife Refuge in northeast Alaska. The U.S. government held its first-ever oil and gas lease sale Wednesday, Jan. 6, 2021 for Alaskas Arctic National Wildlife Refuge, an event critics labeled as a bust with major oi...

Supermajors steer clear of Trump’s Arctic drilling lease auction By Jennifer A. Dlouhy on 1/7/2021 Alaskan National Wildlife Refuge drilling blocks WASHINGTON (Bloomberg) --The Trump administration’s unprecedented auction of Arctic drilling rights Wednesday netted just $14.4 million from three bidders, with major oil companies steering clear of the sale. Amid low crude prices, fears about a backlash from the public and the prospect of regulatory uncerta...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/oil-drillers-shrug-off/"></div>(Reuters) -The Trump administration on Wednesday found few takers at its sale of drilling leases in a pristine Arctic wildlife refuge, with an Alaska state agency emerging as the sole bidder for most of the acreage sold. The sale, which generated around $14.4 million in high bids, marked a rejection by the oil and gas […]<!-- AddThis Advanced Settings ab...

Weak response to ANWR lease sale applauded by Yukon politicians, activists Philippe Morin © U.S. Fish and Wildlife Service via The Associated Press In this undated file photo provided by the U.S. Fish and Wildlife Service, caribou from the Porcupine Caribou Herd migrate onto the coastal plain of the Arctic National Wildlife Refuge (ANWR) in northeast Alaska. There were few takers at Wednesdays sale of drilling leases in the refuge. The weak response to the initial sale of oil...