Wrangell Sentinel -

Good news for subscribers to the Wrangell Sentinel: Our new website features the paper's full contents and in available to all subscribers. You can purchase online-only subscriptions, too!

US petroleum reserve lease sale in Alaska draws just 7 bids

 

December 14, 2017



ANCHORAGE, Alaska (AP) – President Donald Trump’s efforts to make the United States “energy dominant’’with help from Alaska got off to modest results Wednesday.

The Interior Department made its largest-ever lease offering within the National Petroleum Reserve-Alaska: 900 tracts covering 16,100 square miles (41,700 sq. kilometers), roughly the size of New Hampshire and Massachusetts combined.

But oil companies submitted bids on just seven tracts covering 125 square miles (324 sq. kilometers).

The bids totaled $1.16 million, to be split between the federal government and the state o...



For access to this article please sign in or subscribe.



 

Reader Comments
(0)

 
 

Our Family of Publications Includes:

Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2017