The U.S. government recently held an auction for the right to drill oil and gas offshore in Cook Inlet, Alaska, for which it received only a single bid. The auction, held by the Bureau of Ocean Energy Management (BOEM) on Friday, offered leases for 193 blocks totaling around 958,000 acres. However, it only received a…
Only 1 Bid Received for Alaska Offshore Oil Sales
January 2, 2023
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alaska oil and gas explorationBusiness & MarketsCook Inleteconomyenergyoffshore drillingoil and gas drill leasesPolicies & ImpactsRegional NewsRegional-Local NewsUSUS News
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Biden Looks to Block or Limit New Offshore Drilling, Scaling Back Trump-Era Plan to Pump More Oil
July 2, 2022
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Business & Marketseconomic policieseconomyExecutive BranchMarketsnew leasesoffshore drillingPoliticsUSUS Newswind farm
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The Biden administration has announced plans to block all new offshore oil and gas drilling in the Atlantic and Pacific oceans, while potentially letting a handful of new leases go ahead off the coast of Alaska and in the Gulf of Mexico, charting a different course from a Trump-era plan that sought to expand offshore…
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