The Department of Natural Resources is declaring a new Renaissance for oil and gas in Cook Inlet. A lease sale Wednesday was the most successful in recent memory, taking in 110 bids and raising $11 million. State officials are thrilled with the sale and hope it’s a first step toward reviving gas supplies in Southcentral Alaska.
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Annie Feidt is the broadcast managing editor at Alaska Public Media. Reach her at afeidt@alaskapublic.org. Read more about Annie here.
