Alaska’s state-owned development agency was one of three successful bidders in a prior 2021 sale of leases in the Arctic National Wildlife Refuge.
in a prior 2021 sale, acquiring seven 10-year leases covering 370,000 acres in the refuge’s coastal plain.
Other board members did not speak before the vote, which followed a three-hour, closed-door executive session. “We would not be surprised, given the actions of BLM and the Department of Interior to date, if there were some conditions placed into the sale that would make it virtually impossible to develop ANWR. It wouldn’t surprise us,” Ruaro told the board. “We’re hoping they don’t do that, but we have valid leases that they arbitrarily canceled. So we’re not really putting a lot past them, but we think there will be a sale.”in case oil companies were uninterested in drilling within ANWR.
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