Latest News for: Leasing offshore

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Biden administration punts on whether to open up more offshore drilling

Yahoo Daily News 02 Jul 2022
The Biden administration is punting a decision on whether to open up more lease sales for offshore drilling. In a statement issued Friday, the administration said it is still working on a plan, and that when issued it could include as many as 11 specific lease sales for offshore oil and gas drilling or as few as zero.
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Biden offshore drilling proposal would allow up to 11 sales

Caledonian Record 02 Jul 2022
Today, we put forward an opportunity for the American people to provide input on the future of offshore oil and gas leasing,″ said Haaland, whose agency oversees drilling on federal lands and waters ... The current format of holding Gulf-wide sales was put in place under Obama because of dwindling interest in offshore leases.
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Biden caught between climate goals and high gas prices as administration releases new drilling plan

Egypt Independent 02 Jul 2022
(CNN) – The Biden administration released a proposed plan on Friday for where the federal government intends to hold offshore oil and gas lease sales in federal waters for the next five years ... The Interior Department’s five-year offshore leasing plan is required by law.
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Biden Opens the Possibility of More Offshore Oil Drilling in the Gulf of Mexico

NBC Bay Area 02 Jul 2022
"Today, we put forward an opportunity for the American people to consider and provide input on the future of offshore oil and gas leasing." ... "The Biden administration had an opportunity to meet the moment on climate and end new offshore oil leasing in Interior's five-year program," said Drew Caputo, vice president of litigation at Earthjustice.
photo: Public Domain
Strategic Petroleum Reserve (United States)
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White House Plan Offers Up to 11 Offshore Lease Sales - Or None at All

The Maritime Executive 02 Jul 2022
Today, we put forward an opportunity for the American people to consider and provide input on the future of offshore oil and gas leasing ... The inevitable conclusion must be finalizing a program that ends new leasing for offshore drilling," said Oceana campaign director Diane Hoskins in a statement.
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Interior offshore oil drilling plan skirts tough choices

Politico 02 Jul 2022
The Biden administration proposed an offshore drilling plan that could have anywhere from zero to 11 lease sales, a move that pushes the politically fraught decision on oil and gas production off for months and is likely to frustrate both fossil fuel supporters and climate change advocates.
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Biden oil proposal could allow up to 10 lease sales in Gulf. Or maybe not.

Houma Today 02 Jul 2022
The Biden administration cited conflicting court rulings about that decision when it canceled the last scheduled lease sales in the Gulf and Alaska during the previous offshore leasing cycle ... The current format of holding Gulf-wide sales was put in place under Obama because of dwindling interest in offshore leases.
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Biden opens door to more offshore drilling, despite earlier climate vow

Union Leader 02 Jul 2022
"I hope the administration will ultimately greenlight a plan that will expand domestic energy production, done in the cleanest way possible, while also taking the necessary steps to get our offshore leasing program back on track to give the necessary market signals to provide price relief for every American.".
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Biden proposes more offshore drilling in the Gulf of Mexico and Alaska

Grist 02 Jul 2022
Today, we put forward an opportunity for the American people to consider and provide input on the future of offshore oil and gas leasing,” she said in a statement ... Under a 1953 law called the Outer Continental Shelf Lands Act, the federal government must plan for offshore oil and gas leasing on a five-year basis.
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Biden offshore drilling proposal would allow up to 11 oil and gas lease sales

Tampa Bay Times 02 Jul 2022
NEW ORLEANS — President Joe Biden’s administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one off the Alaska coast 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.
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Biden Looks to Block or Limit New Offshore Drilling, Scaling Back Trump-Era Plan to Pump ...

The Epoch Times 02 Jul 2022
... offshore oil and gas lease sales should be held over the next five years, ranging from nearly a dozen new leases to zero.
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Biden proposes limited drilling leases off Gulf of Mexico and Alaska

The Los Angeles Times 02 Jul 2022
The Biden administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one off the Alaska coast over the next five years, scaling back a Trump-era plan that called for dozens of offshore drilling opportunities, including in undeveloped areas.
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Energy & Environment — Interior punts on offshore drilling plan

The Hill 02 Jul 2022
The Biden administration is punting a decision on whether to open up more lease sales for offshore drilling. In a statement issued Friday, the administration said it is still working on a plan, and that when issued it could include as many as 11 specific lease sales for offshore oil and gas drilling or as few as zero.
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EnerGeo Alliance Urges Administration to Release Gulf of Mexico Permits in the Wake of the ...

Eagle-Tribune 02 Jul 2022
“The Administration’s release of a significantly reduced proposed five-year offshore oil and gas lease program demonstrates a lack of concern for the nation’s future energy security and access to the energy which ensures citizens’ well‐being as the industry works to accelerate the energy evolution.
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U.S. 5-year offshore drilling plan contemplates zero to 11 auctions

Reuters 02 Jul 2022
July 1 (Reuters) - President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales ... future of offshore oil and gas leasing.

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