Federal land managers sold a record $28.2 million in geothermal leases in 8 N. Nevada counties this week, including one parcel where the rights to produce energy from underground hot water and steam sold for $1,000 per acre. Last August, when the BLM sold $11.7 million worth of geothermal leases in Nevada, the highest bid was $520 per acre. Via AP.
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August 08, 2008
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