Following a hearing last week that showcased the economic necessity of the Department of Interior’s five-year offshore leasing plan, yesterday the Independent Petroleum Association of America, the American Petroleum Institute, and fifteen other energy trade associations sent a letter urging President Biden to support U.S. energy security by finalizing a new five-year program. Since the
More than a year after the Obama administration’s Outer Continental Shelf five-year offshore leasing program expired, the United States still does not have a new plan in place, as required by law. As put plainly by the Chair of the House Subcommittee on Energy and Mineral Resources Pete Stauber (R-MN) during a House Natural Resources
The comment period for the next five-year Outer Continental Shelf offshore leasing plan came to a close this past week, bringing the U.S. Department of Interior another step closer to finalizing a plan and resuming leasing in the Gulf of Mexico, despite repeated delays and obstruction throughout the process. Though even with the close of
An E&E News analysis of the U.S. Department of Interior‘s proposed 5-year National Outer Continental Shelf Oil and Gas Leasing Program finds that if the Biden administration followed through on its threats to reduce or eliminate offshore leasing, it would cause negative effects for consumers and American energy security. As E&E News writes: “The Biden