Economy 52,861 Posted December 8, 2017 Share Posted December 8, 2017 https://oilprice.com/Latest-Energy-News/World-News/Oil-Drillers-Give-Cold-Shoulder-To-Alaska-Bidding-Round.html Trump fought hard to open up protected lands near Alaska for Oil and Gas drilling claiming environmental restrictions were harming economic investment When he finally won in opening up much of this land for investment and bragging ud see a surge in drilling interest and Energy Revolution, the Government got only 7 small bids for land by Oil Companies with less than 1% of the land being sold Oil Companies largely ignored the situation as shale provides more economical drilling and less public backlash than former protected areas making the land irrelevant to them Once again Trumps disconnect to reality even with other Wealthy peers is proven Link to post Share on other sites More sharing options...
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