Second ‘Big Beautiful’ lease sale in Alaska’s Cook Inlet planned after first sale flops

By: Yereth Rosen

Outlets: Alaska Beacon

Published: October 12, 2026

Words: 951

Last Updated: 5 days, 20 hours ago

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The Trump administration on Friday announced that it will hold an offshore lease sale in federal waters of Cook Inlet next March, about a year after a similar federal lease sale offering the same acreage drew no bids.

The auction — to offer 1 million acres of federal offshore territory — is part of a series mandated under the sweeping tax and budget bill called the “One Big Beautiful Bill …

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