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Trump launches Alaska drilling auction
Donald Trump's administration plans to hold an auction to sell drilling rights for oil and gas on a 689,000-acre area within the Arctic National Wildlife Refuge in Alaska. This move is part of efforts to expand domestic energy production under the "Big and Beautiful One" law. The success of this initiative depends on company investments, despite the limited interest so far, with estimates suggesting the area contains approximately 11.8 billion barrels of extractable oil.
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