BOEM Announces Next Steps in Leasing Program
The U.S. Bureau of Ocean Energy Management announced the next steps in the national outer continental shelf oil and gas leasing program.
Source: rigzone.com
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API Files Petition Challenging Biden Admin's Oil and Gas Leasing Program
'This administration has used every tool at its disposal to restrict access to vast energy resources in federal waters', says API Senior Vice President and...
Source: rigzone.com
Energy Workforce: Biden's Gulf of Mexico leasing auction "detrimental" to U.S. energy supply
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.
Source: worldoil.com
Biden Govt Sets Only Three Fossil Fuel Leases for 2024–29
The number of lease sales in US federal waters for 2024–29 has been cut from 47 to three.
Source: rigzone.com
API: Final five-year offshore program is 'step in wrong direction' for U.S. energy security
The American Petroleum Institute (API) released a statement criticizing the Biden administration's approved five-year federal offshore leasing program, asserting it fails to meet growing U.S. energy needs and may increase reliance on foreign sources.
Source: worldoil.com