The Trump administration on Friday auctioned off rights to drill in a pristine wildlife refuge in Alaska, but the lease sale attracted only two bidders on a few tracts of land.
Of the about 60 tracts of land opened up for leasing by the Trump administration, only five received bids. Only Hex Energy and the state-owned Alaska Industrial Development and Export Authority bid on tracts.
Overall, the lease sale netted about $3.7 million, half of which will go to the state of Alaska.
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