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Report: Trump administration tried to put rosiest spin on ANWR O&G potential

When the Trump administration first pushed to open the Arctic National Wildlife Refuge in Alaska to oil exploration, it predicted that drilling would generate a windfall for the federal Treasury: $1.8 billion, by a White House estimate.


But two years later, with the expected sale of the first oil and gas leases just months away, a New York Times analysis of prior lease sales suggests that the new activity may yield as little as $45 million over the next decade. Even the latest federal government estimate is half the figure the White House predicted.


https://www.nytimes.com/2019/08/21/us/oil-drilling-arctic.html

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