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Oil drilling bids for Alaskan wildlife refuge expected to be meager

Jan 1, 2021
Oil giants are expected to sit out the bidding, which would mean low lease prices and measly royalties for the government.
Native American leaders hold signs against drilling in the Arctic National Wildlife Refuge outside the U.S. Capitol in 2018.
Saul Loeb/AFP via Getty Images

More arctic drilling could help fund the federal tax bill

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 […]

Energy independence – reality or myth?

Dec 21, 2016
Is it even achievable?
Shutting down California's offshore oil rigs would be costly.
STF/AFP/Getty Images

Arctic drilling off Alaska is disappearing

May 10, 2016
Oil companies, such as Royal Dutch Shell and ConocoPhillips, are largely walking away from many of their Arctic leases.
The tide comes in on a beach along the Chukchi Sea in Shishmaref, Alaska.
Andrew Burton/Getty Images