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Biden Administration Holds Alaska Offshore Oil and Gas Auction - Vimarsana News

Biden Administration Holds Alaska Offshore Oil and Gas Auction

The Biden administration on Friday, December 30 held the first offshore oil lease auction in five years for Alaska’s Cook Inlet. The president had ple...

Inflation Reduction Act Advances Stalled Offshore Oil and Gas Lease Sales | Holland & Knight LLP - Vimarsana News

Inflation Reduction Act Advances Stalled Offshore Oil and Gas Lease Sales | Holland & Knight LLP

The Inflation Reduction Act (the Act), which passed the U.S. Senate on Aug. 7, 2022, requires that previously announced offshore lease sales in the Gulf of Mexico and Alaska be held...