Biden calls for 3 lease sales in Gulf of Mexico, disappointing environmentalists and drillers alike

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Biden calls for 3 lease sales in Gulf of Mexico, disappointing environmentalists and drillers alike
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The three lease sales proposed Friday are the minimum number the administration could legally offer if it wants to continue expanding offshore wind development.

A drilling rig and supply vessel in the Gulf of Mexico off Louisiana. The Biden administration on Friday proposed up to three oil and gas lease sales in the Gulf over the next five years — and none in Alaska — as it tries to navigate between energy companies and environmental activists.

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. “The Biden-Harris administration is committed to building a clean energy future that ensures America’s energy independence,” Interior Secretary Deb Haaland said in a statement. The proposed offshore leasing program “represents the smallest number of oil and gas lease sales in history” and “sets a course for to support the growing offshore wind industry,” she said.

ConocoPhillips CEO Ryan Lance called Willow “the right decision for Alaska and our nation.” But environmental groups call the $8 billion project a “carbon bomb” that would betray Biden’s pledge to cut planet-warming greenhouse gas emissions in half by 2030. Opponents mounted a #StopWillow campaign on social media that has been seen hundreds of millions of times.

The Interior Department can’t sell the rights to drill for oil and gas offshore without first publishing a schedule that outlines its plans. The administration faced a Saturday deadline to release the five-year plan. The American Petroleum Institute, the top lobbying group for the oil and gas industry, said Biden “is choosing failed energy policies that are adding to the pain Americans are feeling at the pump.’’

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Biden calls for up to 3 oil and gas lease sales in the Gulf of Mexico, disappointing all sidesBiden calls for up to 3 oil and gas lease sales in the Gulf of Mexico, disappointing all sidesPresident Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska.
Weiterlesen »

Biden calls for up to 3 oil and gas lease sales in the Gulf of Mexico, disappointing all sidesBiden calls for up to 3 oil and gas lease sales in the Gulf of Mexico, disappointing all sidesPresident Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska.
Weiterlesen »

Biden calls for up to 3 oil and gas lease sales in the Gulf of Mexico, disappointing all sidesBiden calls for up to 3 oil and gas lease sales in the Gulf of Mexico, disappointing all sidesPresident Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska
Weiterlesen »

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sidesBiden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sidesPresident Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska.
Weiterlesen »

Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sidesBiden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sidesPresident Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska
Weiterlesen »



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