WASHINGTON (Sputnik) – The Trump administration has opened up a huge amount of land in Alaska’s National Petroleum Reserve for oil-sale leases, the CBD said.
“Oil companies submitted lease bids on Monday for the largest oil-lease sale ever offered in Alaska’s National Petroleum Reserve,” the release said. “Bids will be open on Wednesday.”
Trump just opened off nearly 10.3 million acres of unspoiled land in Alaska's National Petroleum Reserve to oil and mining interests and they'll be placing their bids tomorrow.
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Trump has been a big supporter for US energy independence and has rolled back Obama-era regulations that placed federal protections on public lands.
In October, US Secretary of the Interior Ryan Zinke announced the largest fossil fuel lease offering in the history of the United States. The US federal government opened up 76.9 million acres in the Gulf of Mexico, which is scheduled to be auctioned off in March 2018, the release added.