President Joe Biden’s administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one in Alaska’s Cook Inlet over the next five years.
President Joe Biden’s administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one in Alaska’s Cook Inlet over the next five years — going against the Democrat’s climate promises but scaling back a Trump-era plan that called for dozens of offshore drilling opportunities including in undeveloped areas.
The Interior Department had suspended lease sales in late January because of climate concerns but was forced to resume them by a U.S. district judge in Louisiana. And, he said, administration officials “went out of their way to say” there might not be any lease sales at all. The proposal comes a day after the administration held its first onshore lease sales, drawing $22 million in an auction that gives energy companies drilling rights on about 110 square miles in seven western states. The sales came despite the administration’s own findings that burning oil and gas from the parcels could cause billions of dollars in potential future climate damages.
“While Americans everywhere are suffering from record high gas prices and disruptions in the global oil market caused by Putin’s senseless war in Ukraine, the Department of the Interior hasn’t held any successful offshore lease sales since November 2020,” the West Virginia lawmaker said.
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