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Amid gas crunch, Alaska could revoke leases from a company whose drilling has stalled

Posted 6/9/25

Gov. Mike Dunleavy’s administration is threatening to strip a company of oil and gas leases in Cook Inlet outside Anchorage, saying it’s sitting on deposits that could delay an impending shortage of gas needed for heating and power generation in urban Alaska. The Alaska Department of Natural Resources recently placed in “default” the Cosmopolitan Unit, […]

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