Stories Tagged as
Arctic drilling
Oil drilling bids for Alaskan wildlife refuge expected to be meager
by
Scott Tong
Jan 1, 2021
Oil giants are expected to sit out the bidding, which would mean low lease prices and measly royalties for the government.
More arctic drilling could help fund the federal tax bill
by
Scott Tong
Nov 9, 2017
The debate over drilling in Alaska’s Arctic National Wildlife Refuge has returned to Washington, this time tied to the fast-moving tax bill on Capitol Hill. Bill supporters hope that opening up the arctic to more federal drilling leases could generate $1 billion in federal revenue. But some market projections put the amount at far less […]
Arctic drilling off Alaska is disappearing
by
Jed Kim
May 10, 2016
Oil companies, such as Royal Dutch Shell and ConocoPhillips, are largely walking away from many of their Arctic leases.