First lease sale in Alaska petroleum reserve in years draws strong interest despite pending lawsuits

Petrol

JUNEAU, Alaska (AP) — The first oil and gas lease sale held in years in the National Petroleum Reserve-Alaska was touted by officials Wednesday as the strongest to date, drawing hundreds of bids and interest from major oil companies despite pending legal challenges from environmentalists and some Indigenous groups. It was the first sale in the reserve since 2019 and the first under a law passed by Congress last year calling for at least five lease sales there over a 10-year period, amid a

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