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Story summary
- No bids were submitted for over 1 million acres in Alaska's Cook Inlet in a March 4, 2026 sale mandated by administration of U.S. President Donald Trump.
- The U.S. Bureau of Ocean Energy Management (BOEM) confirmed no bids and will continue offering leases to support Trump's energy agenda.
- The last auction in 2022 attracted one bid, and eight Cook Inlet leases held by Hilcorp are not producing oil or gas.
