“The Trump administration is racing to sell oil drilling rights in the Arctic National Wildlife Refuge before Joe Biden takes office so the president-elect can’t revoke the contracts,” Bloomberg reports.
“The Interior Department announced Thursday it will hold the auction on Jan. 6 — an accelerated timetable meant to ensure the oil and gas leases are formally issued before Biden is sworn in Jan. 20. Biden has vowed to permanently protect the refuge, but formal leases are contracts with the federal government and are difficult to cancel.”
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