With industry wary of Arctic Refuge, Alaska's own government plans a lonely quest for oil AIDEA is spending as much as $175 million to look for petroleum in the refuge.
Alaska development agency approves $190 million budget for Arctic refuge oil exploration, leasing AIDEA intends to move ahead with geologic testing on its leases in the Arctic National Wildlife Refuge, and to bid on new ones in an upcoming federal sale.
The state of Alaska could spend nearly $200 million on oil exploration, leasing in Arctic refuge Alaska’s economic development agency, AIDEA, wants to conduct geologic testing on its existing oil leases — and to bid on new ones — in the Arctic National Wildlife Refuge.
Interesting stuff: Dunleavy attends Trump fundraiser, solar for Alaska airports, and a company wants $50 million in state loans for natural gas drilling Also: A renewable energy advocacy group says a recent ruling by state regulators is an "abdication" of their responsibility, and a contested election for leadership of Alaska's largest statewide Native organization.