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Biden administration unveils oil and gas drilling plans, gutting Trump-era framework

The federal government is required to periodically hold offshore oil and gas lease sales under a 1953 law

CC BY-SA 3.0 <https://creativecommons.org/licenses/by-sa/3.0>, via Wikimedia Commons

By Thomas Catenacci

Fox Business

The Biden administration published its long-awaited five-year offshore oil and gas leasing plan Friday one day after missing its June deadline.

The Department of the Interior (DOI) plan included the possibility of the federal government holding up to 11 lease sales off the coast of Alaska and in the Gulf of Mexico over the five-year period between 2023-2028. However, the plan also put forward the option of the federal government holding no lease sales in that same time period.

Click the link below to read the rest of this story

https://www.foxbusiness.com/politics/biden-administration-unveils-oil-gas-drilling-plans-gutting-trump-era-framework

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