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Alaska development agency approves $190 million budget for Arctic refuge oil exploration, leasing

Posted 5/15/26

The board of Alaska’s economic development agency on Wednesday approved spending up to $190 million to advance contentious plans for oil exploration and leasing in the Arctic National Wildlife Refuge. The budget, proposed by staff, includes up to $175 million for a type of preliminary exploration called seismic testing, which employs sound waves to identify […]

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