Government

"Putting a Positive Spin on Oil Exploration in the Arctic Refuge"

"When the Trump administration first pushed to open the Arctic National Wildlife Refuge in Alaska to oil exploration, it predicted that drilling would generate a windfall for the federal Treasury: $1.8 billion, by a White House estimate. But two years later, with the expected sale of the first oil and gas leases just months away, a New York Times analysis of prior lease sales suggests that the new activity may yield as little as $45 million over the next decade."

Source: NY Times, 08/22/2019

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