Day: July 24, 2008

Arctic Energy Non-Renewable Energy Policy Environmental News Government Peak Oil

Department of Interior To Hold Auction of Oil Lease Rights

The Bureau of Land Management announced last week that it will sell lease rights for oil and gas exploration in 2.6 million acres of the National Petroleum Reserve-Alaska. In 1923 President Harding set aside 23 million acres as an emergency oil supply for the U.S. Navy. In 1976 administration of the reserve shifted to the Bureau of Land Management, an agency […]Read More