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Trump Opens 689,000-Acre Alaska Oil Lease Sale

6/5/2026

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Story summary
  • U.S. President Donald Trump opened a sale on June 5 2026 for 689,000 acres in Alaska’s Arctic National Wildlife Refuge.
  • Conservation groups urged eleven firms not to bid after 2021 and January 2025 lease sales drew few or no offers.
  • Alaska officials and Voice of the Arctic Iñupiat, led by CEO Nagruk Harcahrek, view the sale as a job creator.
  • The U.S. Geological Survey estimates the coastal plain holds 4.25-11.8 billion barrels of oil.