Sunday, January 11, 2009, 10:08am
Tim DeCristopher, an environmental activist, walked into a federal drilling auction and placed a bid of $45,000 for the drilling rights on 22,500 acres of land with no intention of ever drilling on it. His hope is that incoming the Obama administration will withdraw the parcels from auction, because if forced to, he will have to raise the money or face prosecution.
Well, the money has been raised, but the Bureau of Land Management has said it's too late for him to make the down payment because the deposit was due immediately, after last month's auction.
See Tim DeChristopher's homepage for more information and to help out.