Tag: Lease Sale 257

Biden Revives Biggest Offshore Oil and Gas Lease Sale in America’s History

When President Joe Biden on Tuesday signed the Inflation Reduction Act into law, his signature opened the door to reinstating the largest oil and gas lease sale in U.S. history that was blocked by a court due to climate impact concerns. The Inflation Reduction Act includes provisions that direct spending, tax credits, and loans to…


Biden Revives Biggest Offshore Oil, Gas Lease Sale in US History

When President Joe Biden signed the Inflation Reduction Act into law on Aug. 16, his signature opened the door to reinstating the largest oil and gas lease sale in U.S. history, which had been blocked by a court because of climate impact concerns. The Inflation Reduction Act includes provisions that direct spending, tax credits, and…