Petroleum News – Excerpt from article by Steve Sutherlin

As the second quarter of 2020 rolls by, the likelihood of a federal oil and gas lease sale this year in the 2002 Area of the Arctic National Wildlife Refuge is becoming more remote.

Arctic Oil to Draw Bids Despite Rout, Interior Chief Predicts

This article quotes DOI Secretary Bernhardt and includes discussion around potential effects that the recent crash in oil prices might have on a lease sale:  “I know there will be a record of decision signed, I believe there will be a call for nominations, and I believe there will likely be a lease sale” this year, Bernhardt said, while acknowledging the unpredictability of the coronavirus pandemic has made it difficult to be unequivocal about anything.

POLITICO Q&A: Senate Energy Chair Lisa Murkowski

Alaskan Senator Lisa Murkowski was quoted in an article published June 15, 2020 that she anticipates a lease sale this summer. Article extract and link below.