Oil and gas lease sales Alaska
The Biden administration announced Wednesday it would cancel three upcoming offshore oil and gas leases -- two in the Gulf of Mexico and one in Alaska --. 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.
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The Interior Department said in an emailed statement that due to lack of industry interest in.
. The Interior Department announced the decision Wednesday night citing a lack of industry interest. Company has conducted extensive geologic. The Biden administration has canceled one of the most high-profile oil and gas lease opportunities pending before the Interior Department.
A spokesperson for the department confirmed the Cook Inlet lease sale would not proceed due to insufficient industry interest. 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 effectively halting the potential. Proceeds will be used to restore one well to production and drill one new well as well as retire some payables.
That assumes that the price per barrel sits at about 100. The Division of Oil Gas lease and unit files remain the official record. 12 hours agoJoe Biden is directly responsible for the high cost of gas.
The Department of the Interior has canceled a lease sale in Alaska that would have opened up some 1 million acres to drilling citing a lack of. Meanwhile the planned sale of two leases lease 259. 1 day agoPresident Joe Bidens administration has ceased all oil and gas leases to Alaskas Cook Inlet and the Gulf of Mexico as of Wednesday night.
A spokesperson for the Interior Department said on Wednesday the Cook Inlet lease sale would not proceed due to insufficient industry interest. Thats due to expire in June WashPost notes. They will continue to claim that its Putins price hike as they literally cripple our countrys energy supply.
The use of this data constitutes acknowledgment of this disclaimer. 1 day agoThe 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. 20 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.
According to the statement from the Interior Department. Seeking 3 million loan for Denver-based company with 47500 acres of leases over large shallow oil play in northern Utah. 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.
1 day 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. WASHINGTON The Biden administration is canceling oil drilling lease sales in the Gulf of Mexico and Alaskas Cook Inlet triggering furious responses from. Lease information is provided for management and research use only and is not an official record.
Exit Full Screen. Bidens DOI also canceled two leases under consideration in the Gulf of Mexico area. This decision comes at a time when there is the biggest need for oil and gas as the prices hit all-time high.
23 hours agoThe Interior Department said it will not move forward with three planned oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet meaning the. Oil Gas Properties Workover Re-Entry Shut-In Utah 3000000. Tom Cotton TomCottonAR May 12 2022.
From The Left. 1 day agoDespite 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. 20 hours agoMay 12 2022 Updated 1153 am.
1 day 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. 22 hours agoBy Charles Kennedy - May 12 2022 830 AM CDT. 1 day agoThe Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday as Americans face record-high prices at the pump.
21 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. 15 hours agoAccording to a 2016 assessment of the proposed lease sales Cook Inlet would have likely produced more than 200 million barrels of oil. Meanwhile the planned sale of two leases lease 259.
20 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. Gas prices are at a record high and the Biden admin once again canceled massive oil and gas leases in Alaska and the Gulf. Oil gas lease data is extracted weekly Monday am from the States Land Administration System LAS.
Gas prices reach record highs. 16 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.
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