Interior Dept. to conduct 38 auctions for oil, gas leases next year

11/24/2009 | Bloomberg

The U.S. government is set to offer leases for oil and natural gas in 38 auctions next year, Interior Secretary Ken Salazar said. The move is part of the country's efforts to open up more federal land to develop fossil-fuel sources, he added. Among the leases are properties in California, Wyoming and Utah, as well as parts of Alaska's National Petroleum Reserve.

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