{"id":6217,"date":"2021-01-07T20:17:37","date_gmt":"2021-01-07T20:17:37","guid":{"rendered":"https:\/\/www.radiofree.org\/?p=147383"},"modified":"2021-01-07T20:17:37","modified_gmt":"2021-01-07T20:17:37","slug":"trump-auction-for-arctic-oil-rights-sees-little-interest-era-of-drilling-for-oil-at-any-cost-is-over","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2021\/01\/07\/trump-auction-for-arctic-oil-rights-sees-little-interest-era-of-drilling-for-oil-at-any-cost-is-over\/","title":{"rendered":"Trump Auction for Arctic Oil Rights Sees Little Interest: ‘Era of Drilling for Oil at Any Cost Is Over’"},"content":{"rendered":"
WASHINGTON – Trump administration officials auctioned off oil and gas leases<\/a> in Alaska\u2019s Arctic National Wildlife Refuge on Wednesday, a move that marks one of the most significant environmental rollbacks President Trump has accomplished in his term.<\/p>\n But with waning oil prices and an increasing number of banks saying they would not finance Arctic energy projects, major oil companies were uninterested in the leases. Instead, the state agency, Alaska Industrial Development and Export Authority, was the main bidder. The agency put up all but two of the winning bids, which went to two small energy firms.<\/p>\n