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US set to hold latest oil and gas lease sale for Alaska's Arctic National Wildlife Refuge
The US is set to hold an oil and gas lease sale in Alaska's Arctic National Wildlife Refuge, with opponents citing climate change impacts and prior lack of industry interest, while supporters argue it could boost production and jobs. Conservation groups have urged major companies like ConocoPhillips and Hilcorp to avoid participating due to legal risks and public opposition, though the Trump administration has mandated lease sales in multiple Alaskan regions. The USGS estimates the refuge's coastal plain may hold significant oil reserves, but drilling remains inactive there.
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