Category: oil and gas lease

Biden Admin Cancels Major Oil and Gas Lease Sales Amid Soaring Gas Prices

The Biden administration has canceled the sales of three major offshore oil leases in the Gulf of Mexico and off the coast of Alaska, blocking the opportunity to drill for oil in over 1 million acres amid soaring gas prices in the United States. The Interior Department said that due to “lack of industry interest in…


Federal Judge Blocks Sale of Gulf of Mexico Drilling Leases Due to Flawed Impact Analysis

A U.S. federal judge has blocked the sale of offshore oil and gas drilling leases across some 80 million acres of the Gulf of Mexico, ruling that the environmental review that underpinned the sale was flawed. In the Jan. 27 ruling (pdf), U.S. District Judge Rudolph Contreras in Washington said that the U.S. Interior Department’s Bureau…