Alaska Development Agency Approves $190 Million Budget for Arctic Refuge Oil Exploration, Leasing

Alaska development agency approves $190 million budget for Arctic refuge oil exploration, leasing

AIDEA intends to move ahead with geologic testing on its leases in the Arctic National Wildlife Refuge, and to bid on new ones in an upcoming federal sale.

AIDEA’s $190 Million Arctic Refuge Vote Shows Why Alaskans Need Real Oversight

Photo by Malkolm Boothroyd On May 13, I testified before the Alaska Industrial Development and Export Authority board because AIDEA was preparing to vote on a resolution that could put up to $190 million behind oil and gas activity in the Arctic Refuge coastal plain. I came to the meeting with a simple message: AIDEA […]

AIDEA board OKs $190 million for ANWR exploration, bidding in sale

The Alaska Industrial Development and Export Authority has approved $190 million for exploration in the Arctic National Wildlife Refuge, the federal reserve in northeastern Alaska believed to have considerable potential for oil and gas discoveries. The authority, known as AIDEA, approved the plan at its May 13 meeting. AIDEA already holds six federal leases in the refuge from a 2021 lease sale...