Alaska Plans to Delay State Oil-Leases Auction Until December

- September 8th, 2011

Bloomberg reported that according to Natural Resources Commissioner Dan Sullivan, Alaska plans to delay the oil and natural gas lease sale to December instead of October.

Bloomberg reported that according to Natural Resources Commissioner Dan Sullivan, Alaska plans to delay the oil and natural gas lease sale to December instead of October.

The market news is quoted as saying:

The state wants to boost production and increase the flow of crude through the Trans Alaska Pipeline System, the state’s oil and gas division said on June 9.

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