Sunday, February 2, 2025
US to offer minimum acreage required at Alaska oil and gas auction- oil and gas 360

US to offer minimum acreage required at Alaska oil and gas auction

(Investing) – The Biden administration will offer oil and gas drilling leases in Alaska’s Arctic National Wildlife Refuge at a sale on Jan. 9, the U.S. Interior Department said on Monday. The agency will make 400,000 acres (161,874 hectares) available to drillers at the auction, the minimum required by a law that mandated the sale. ANWR is a 19 million-acre refuge