Oil and gas lease sales Alaska

The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department. The news comes as gas prices smash all-time records.


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. The decision which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska comes at a challenging political moment when gas prices are hitting painful new highs. 13 hours agoThe administration had until the end of the current five-year plan set to expire at the end of next month to complete these lease sales. One of the most highly valued oil and gas lease opportunity was cancelled by the Biden administration which had a great potential to drill oil over 1 million acres in Alaska.

Gas prices reach record highs. 10 hours agoThe Biden administration has canceled oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet dealing a blow to potential domestic fuel protection as gas prices reach new highs. The leases offered potential drilling on over 1 million acres in the Cook Inlet.

1 hour agoBiden administration cancels oil and gas lease sales in Alaska Gulf of Mexico The Interior Department will not move forward with planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet it announced Wednesday night. 5 hours agoThe Biden administration has now canceled one of the most high-profile oil and gas lease sales in the Gulf of Mexico and off the coast of Alaska removing millions of acres from possible drilling. 23 hours agoThe Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department.

The move comes as Biden has taken a few actions to combat high gas prices despite his administrations generally hostile approach to the oil industry. Thats due to expire in June WashPost notes. 17 hours ago12 May 2022 8 223 President Joe Bidens administration has ceased all oil and gas leases to Alaskas Cook Inlet and the Gulf of Mexico as of Wednesday night.

Bidens DOI also canceled two leases under consideration in the Gulf of Mexico area. Ad The Leading Commercial Real Estate Listing Service. 22 hours agoZack Budryk May 11 2022 703 PM 2 min read The Interior Department will not move forward with planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet it.

Yes No Just show the results. The BLM generally conducts annual oil and gas lease sales in the NPR-A. As of Thursday afternoon the national average price of gasoline was 441 per gallon according to AAA.

Pleased to provide notice of the 5-Year Program of Proposed Oil and Gas Lease Sales and Gas-Only Lease Sales 5-Year Program to be held during the calendar period 2020 2024 and notice of leasing activities in 2019. 11 hours agoLatest Energy News Washington Cancels Alaska Oil Gas Lease Sale By Charles Kennedy - May 12 2022 830 AM CDT The Department of the Interior has canceled a lease sale in Alaska that would have. The Biden administration on Wednesday announced it will axe three planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet.

Gas prices continued to reach new highs Thursday with the national average at 442 per gallon according to AAA. From The Left. 12 hours agoby Breanne Deppisch Energy and Environment Reporter May 12 2022 0856 AM T he Interior Department said it will not move forward with three planned oil and gas lease sales in the Gulf of Mexico.

9 hours agoWASHINGTON AP The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska removing millions of acres from possible drilling as US. 11 hours agoThe DOI halted the potential to drill for oil in over 1 million acres in Alaskas Cook Inlet along with two lease sales in the Gulf of Mexico. National Petroleum Reserve in Alaska NPR-A BLM manages more than 22 million acres of surface estate plus the subsurface mineral rights to an additional 650000 acres in the 23 million-acre NPR-A.

4 hours agoAccording to a 2016 assessment of the proposed lease sales Cook Inlet would have likely produced more than 200 million barrels of oil. A spokesperson for the Interior Department said on Wednesday the Cook Inlet lease sale would not proceed due to insufficient industry interest. The Interior Department said in an emailed statement that due to lack of industry interest in.

For diesel the. In May 1999 the BLM held its first NPR-A lease sale since 1984 offering nearly 39 million acres. The cancellation of the previously planned Cook Inlet sale in Alaska as well as the lease sales in the Gulf ensures that millions of acres of.

13 hours agoNicholas KammAFP via Getty Images Despite the record high price of gas in the US the Biden administration has announced it is canceling the sale of a massive oil and gas lease location in Alaska that was pending before the Department of the Interior DOI. The decision which halts the potential to drill for oil in over 1 million acres in the Cook Inlet in Alaska comes at a challenging political moment when gas prices are hitting painful new. That assumes that the price per barrel sits at about 100.

ET WASHINGTON The Biden administration is canceling oil drilling lease sales in the Gulf of Mexico and Alaskas Cook Inlet triggering furious responses from. Alaska Statute AS 3805180b and AS 3805180e require DNR to make an annual report to. Due to lack of industry interest in leasing.

8 hours agoThe Biden administration disclosed Wednesday the Department of Interior will cancel three critical oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet. Do You Think Trump Was The Real Winner Of The Election. 9 hours agoWASHINGTON The Biden administration says it is canceling three oil and gas lease sales scheduled in the Gulf of Mexico and off the coast of Alaska removing millions of acres from possible.

This decision comes at a time when there is the biggest need. 9 hours agoMay 12 2022 Updated 1153 am. 21 hours agoBiden admin cancels massive oil and gas lease sale amid record-high gas prices Interior Department canceled a 1-million-plus acre oil lease in Alaska as Americans face painfully high prices at the.

20 hours agoIts another win for environmental groups after a federal judge last January canceled the Biden administrations late 2021 sale of new oil-and-gas drilling leases in the Gulf of Mexico.


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