While in the long term, this is likely very good news for literally millions of Americans, it's not the greatest news for my family, as this probably means that the "lease for exploratory drilling" won't be renewed.
All said and done it's not a big deal (a few thousand dollars/year, and no rig has been perched on the soil yet), but all that gas (there is a NG pipeline already ON the land) is just sitting there.....
Ah well, perhaps my cousin's grandkids might get something out of it.
there is also a bill going through congress to rip alaska apart looking for oil... anwar and such...