Trump Wants Oil Drilling in Alaska. A Lease Sale There Just Flopped.
Briefly

The Interior Department's recent lease sale in Alaska's Arctic National Wildlife Refuge attracted no bidders, highlighting the oil companies' declining interest in drilling despite political advocacy.
Laura Daniel-Davis stated, 'There are some places too special and sacred to exploit with oil and gas drilling,' reflecting the stance against drilling in the pristine wilderness.
Despite previous assertions by Republican lawmakers about the economic benefits of drilling, the acting deputy secretary emphasized that the industry should develop existing undeveloped leases first.
The sale, required by Congress and marking the second unsuccessful attempt in four years, suggests oil companies may view the refuge as financially unviable for exploration.
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