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OEF Rapid Review

The U.S. Interior Department will hold a lease sale for land in a federal reserve in northern Alaska to oil and gas drillers. The sale, to be held in December, will involve 900 tracts in part of the National Petroleum Reserve-Alaska. The U.S. Geological Survey said in 2010 that the NPR-A holds about 896 million barrels of undiscovered oil. A further 200 million barrels has been discovered in areas that have been explored. The reserve also contains large amounts of natural gas. Environmentalists, however, have been critical of drilling in the Alaskan wilderness.
LINK TO THE SOURCE ARTICLE:
More Of The National Petroleum Reserve-Alaska To Be Opened Up

 

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