Oil Giants Bid $163 Million in Trump’s Record Alaska Lease Sale

Oil Giants Bid $163 Million in Trump’s Record Alaska Lease Sale

ConocoPhillips and Exxon Mobil Corp. were among oil companies that snapped up drilling leases in northern Alaska’s mammoth petroleum reserve in a record auction that drew $163 million in high bids.

(Bloomberg) ConocoPhillips and Exxon Mobil Corp. were among oil companies that snapped up drilling leases in northern Alaskas mammoth petroleum reserve in a record auction that drew $163 million in h… [+3873 chars]