Stay updated with breaking news from Gas Leasing Program. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Environmental groups and oil and gas interests filed separate petitions challenging Biden's plan to offer Gulf of Mexico drilling leases.
The U.S. Outer Continental Shelf is estimated to hold 90 Bboe and 327 Tcfg. If developed, these resources could create more than 800,000 American jobs, spur nearly $450 billion in private-sector spending, and generate more than $200 billion in revenue for federal and state governments.
Interior issues final five year offshore program Plans three Gulf of Mexico oil, gas auctions BOEM would have preferred no lease sales US Interior Secretary Deb Haaland has signed off on the Interior
The bill was introduced on July 24 this year and passed the House of Representatives on November 3.
Bill cuts EPA budget by 39%, Interior spending by 7% Blocks EPA's carbon emissions rule for power plants Mandates at least four offshore oil and gas auctions a year The US House of Representatives' Re