The action comes as polling shows US President Joe Biden struggling with low approval ratings amid consumer fury at high gasoline prices and inflation in household staples.
Reaching first oil and gas production from a federal offshore lease typically takes at least one or two years of drilling and other work.WASHINGTON - The Biden administration has scotched plans to hold three offshore oil and gas lease sales in Alaska and the Gulf of Mexico, a government spokeswoman said.
The department also will not undertake a pair of lease sales in the Gulf of Mexico"as a result of delays due to factors including conflicting court rulings that impacted work on these proposed lease sales," the spokeswoman said. Reaching first oil and gas production from a federal offshore lease typically takes at least one or two years of drilling and other work. That means the decision on the lease sales will not affect the near-term supply outlook driving commodity prices.
"President Biden's administration is actively making high gas prices worse," said Senator Bill Cassidy, Republican of Louisiana.
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