Leasing Offshore

Friday, 29 September 2023

Latest News for: Leasing offshore

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Biden calls for up to three oil and gas lease sales in the Gulf of ...

Times Union 29 Sep 2023

The three lease sales are the minimum number the Democratic administration could legally offer if it wants to continue expanding offshore wind development. Under the terms of a 2022 climate law, the government must offer at least 60 million acres of offshore oil and gas leases in any one-year period before it can offer offshore wind leases.

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Biden calls for up to 3 oil and gas lease sales in the Gulf of ...

News-Press Now 29 Sep 2023

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Reflecting America’s Rapid and Accelerating Shift to Clean Energy, Interior Department Announces Fewest Offshore Oil ...

Minden Press-Herald 29 Sep 2023

Plan phases down oil and gas leasing in the Gulf of Mexico; will enable offshore wind program to continue to rapidly grow ... The IRA does not allow the Bureau of Ocean Energy Management (BOEM) to issue a lease for offshore wind development unless the agency has offered at least 60 million acres for oil and gas leasing on the OCS in the previous year.

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To boost offshore wind, Biden is about to approve new oil leasing

The Keene Sentinel 29 Sep 2023

Biden administration officials signaled Thursday they’re going to offer fossil fuel companies new leases for offshore oil and gas drilling — in the Gulf of Mexico and potentially off the Alaska coast — in part because of new congressional requirements that tie the fate of offshore wind development to new oil leases.

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President Biden Fails to Deliver on Promise to End New Offshore Drilling

Common Dreams 29 Sep 2023

President Biden announced plans today to expand offshore drilling in the Gulf of Mexico as part of his final proposed National Outer Continental Shelf Oil and Gas Leasing Program for 2023-2028. The new Five-Year Plan includes three new offshore oil and gas leases, covering an area that stretches from Texas to the Florida Panhandle.

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Biden administration proposes to offer fewest-ever offshore drilling rights sales

The Hill 29 Sep 2023

The Biden administration intends to offer up just three chances for oil companies to bid for the right to drill offshore over the next several years — the fewest offshore lease sales in the history of the program ... The plan prevents new offshore leasing anywhere outside the Gulf of Mexico.

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Biden defies environmentalists by selling offshore oil drilling rights

Hastings Tribune 29 Sep 2023

The schedule is a legally required precursor to leasing offshore waters for oil development; this one is set to govern potential sales through late 2028 ... An earlier Biden administration proposal left the door open for as many as 11 auctions of offshore oil and gas leases — 10 in the Gulf of Mexico and one in Alaska’s Cook Inlet.

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Biden backs new offshore drilling in the Gulf of Mexico. Scaled-back plan disappoints all sides

Victoria Advocate 29 Sep 2023

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Protect All Our Coasts Coalition Responds to the Biden Administration’s Five-Year Plan for Offshore Drilling

Common Dreams 29 Sep 2023

Under the Outer Continental Shelf Lands Act, the Biden administration could have finalized a Five-Year Plan with no new leases for offshore drilling ... “A single new lease sale for offshore oil and gas exploration is one too many,” said Sarah Winter Whelan, Executive Director of the Healthy Ocean Coalition.

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Biden's 5-year offshore oil plan to have just three auctions - sources

Natural Gas World 29 Sep 2023

Sept 28 (Reuters) - The Biden administration's five-year plan for offshore oil and gas leasing will not include any sales in 2024 and will feature just three in the final four years, the lowest number of auctions in the history of the program, according to three sources familiar with the matter.

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Biden's 5-year offshore oil plan to have historically few lease sales, none in 2024, sources say

Reuters 29 Sep 2023

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Biden Interior pushes pared down offshore drilling plan

Politico 29 Sep 2023

The Biden administration is proposing to hold three offshore oil and gas lease sales through 2029, the lowest number of auctions in the program’s history in a move that’s likely to anger both Republicans who back the industry and environmental advocates who have called for an end to drilling on federal land and water.

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US plans sharp reduction in offshore oil and gas auctions

Reuters 29 Sep 2023

The plan disappointed supporters and opponents of offshore drilling and fell short of Biden's campaign promise to end new federal leasing entirely ... lease sales a prerequisite for new offshore wind power auctions, making it impossible for Biden to keep his campaign promise.

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Biden administration approves more offshore drilling in bid to expand wind energy

CNN 29 Sep 2023

The Inflation Reduction Act required the Interior Department to propose a certain number of oil and gas leases in federal waters in exchange for the ability to propose clean offshore wind energy projects ... on offshore drilling and wanted no new oil and gas lease sales approved.

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Sierra Club: Scaled Back Offshore Drilling Plan Proposes Three Lease Sales in Coming Years

Common Dreams 29 Sep 2023

Today, the Department of the Interior released a proposed five-year plan for offshore drilling. The proposal includes three lease sales in 2025, 2027, and 2029 ... “While President Biden correctly only offered the smallest possible proposed leasing program, even one sale is one too many.