Federal offshore oil and gas lease sale in Alaska’s Cook Inlet basin draws no bids

By: Yereth Rosen

Outlets: Alaska Beacon

Published: March 5, 2026

Words: 1,028

Last Updated: 6 days, 7 hours ago

Body Text Preview

The first in a series of newly mandated oil and gas lease sales for federal waters of Alaska’s Cook Inlet received no bids, agency officials said on Wednesday.

The U.S. Bureau of Ocean Energy Management, which oversees oil and gas leasing in federal offshore territory, made the announcement on its website. The federal sale is the first in a series of sales mandated by the 2025 tax and budget bill called the “One Big Beautiful …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

Email Us