Oil Companies Aren't Super Interested in Drilling in Alaska's Arctic Refuge After All

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The Trump administration has been hellbent on doing as much damage to the environment as it’s physically able, including auctioning off the rights to drill in Alaska’s Arctic National Wildlife Refuge. But as it turns out, no one is particularly interested in bidding on one of the last wild places in the country after all!\n

The Trump administration has been hellbent on doing as much damage to the environment as it’s physically able, including auctioning off the rights to drill in Alaska’s Arctic National Wildlife Refuge. But as it turns out, no one is particularly interested in bidding on one of the last wild places in the country after all!

The major energy companies, including Exxon, Shell, and BP, each passed on the opportunity to stake their claim on the land, since they’re quite logically focusing their efforts on renewable energy instead, the BBC . In all, the sale resulted in just $14.4 million, a small fraction of what Republicans had predicted the rightsIn the end, Alaska’s state-owned economic development corporation was the only bidder on nine of the parcels offered, with two small companies also taking one parcel each.

 

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Awesome. Could you just write about nothing but the coup for at least a week. You're brilliance is needed and your articles about how '*squeel* Brandy got a rose on the batchelor!! Not so much.'

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