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If I was the company, I'd be damned if I'd pay one red cent for the lease, if Biden won't let me drill, it's worthless to me, not to mention the stock holders.....

AK Corporation Must Pay Feds Over $3.6M in ANWR Leasing Fees For '22, As Biden Continues to Block Oil Exploration

An Alaska state-owned corporation will have to pay the federal government approximately $3.66 million in order to keep oil and gas leases current in the Arctic National Wildlife Reserve.

https://www.westernjournal.com/ak-corpor...yOeLJ7NMwo

I would be curious to know how many billions of dollars worth of oil they pump out of there in return for that measly $3.6 million.