ANWR Oil Sale Was a Bust, Lower 48 a Different Story

ANWR Oil Sale Was a Bust, Lower 48 a Different Story

The sale of oil and gas drilling rights in the Arctic National Wildlife Refuge (ANWR) was supposed to bring in upwards of $1 billion, but in the end, the first of the auctions mandated by Congress at the urging of President Trump brought in only $14M.

Why This Matters:  Banks won’t underwrite Arctic drilling, so it is unclear those ANWR leases will be drilled ever.

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Trump Administration Oil and Gas Leases Will Result In Billions of Metric Tons of CO2 Pollution

Trump Administration Oil and Gas Leases Will Result In Billions of Metric Tons of CO2 Pollution

A new analysis released last week by The Wilderness Society found that the extensive new oil and gas leases on federal lands could result in “lifecycle emissions from extraction and end-use ranging between 1 billion and 5.95 billion metric tons (MT) of carbon dioxide equivalent (CO2e).”  That equates to more than half of the annual […]

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