POLITICSglobal
Contentious Alaska oil, gas drilling rights sale generates record revenue
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Updated 4 hours ago
First seen March 20, 2026 12:49:41Stay on top of this story
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Quick Summary
The Trump administration said this week that its recent sale of the rights to drill in a contentious area of Alaska generated record revenue for federal oil and gas lease sales. The news signals optimism from the oil industry that high energy prices could persist — as expanding oil and gas drilling can be years-long…