It is estimated the lease sale would bring the Federal Government about $1.6 billion in revenue. It may be more. Nobody knows because industry would competitively bid it.
Lisa Murkowski: “It is estimated the lease sale would bring the Federal Government about $1.6 billion in revenue. It may be more. Nobody…”
On the recordOctober 31, 2001
Source
govinfo.govEditor's note · Context
Discussing potential revenue from a lease sale during a congressional session.
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