Arctic National Wildlife Refuge oil and gas sale pushed forward [CBS News]
JP Morgan Chase & Co. (JPM)
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Source: CBS News
The Bureau of Land Management announced on Thursday that it plans to selloil and gas leasesThe Federal Register willpublish a notice of saleLast month, oil companies were given a 30-day window to tell the government what land they would like to be included in the sale. That window was supposed to end on December 17 — and according toThe New York TimesGet Breaking Delivered to Your InboxThe rushed timeline suggests that the Trump administration may be trying to finalize the sale before the Biden administration takes power on January 20. Mr. Biden has said he willpermanently protectThe Bureau of Land Management had until December 2021 to make the sale, which was approved as part of tax legislation in 2017, according to the Times."Oil and gas from the Coastal Plain is an important resource for meeting our Nation's long-term energy demands and will help create jobs and economic opportunities," Bureau of Land Management state director Chad Padgett said in a statement. "The law makes oil a
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