Oil and gas lease sales Alaska
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. 19 hours 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.
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8 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.
. 10 hours agoBy Charles Kennedy - May 12 2022 830 AM CDT. Oil Gas Properties Workover Re-Entry Shut-In Utah 3000000. 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.
WASHINGTON The Biden administration is canceling oil drilling lease sales in the Gulf of Mexico and Alaskas Cook Inlet triggering furious responses from. According to the statement from the Interior Department. Exit Full Screen.
20 hours 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. A spokesperson for the department confirmed the Cook Inlet lease sale would not proceed due to insufficient industry interest. The Interior Department announced the decision Wednesday night citing a lack of industry interest.
Proceeds will be used to restore one well to production and drill one new well as well as retire some payables. 11 hours ago1 1 Biden administration cancels sale of oil and gas lease in Alaska. This photo provided by BP shows the companys Prudoe Bay.
Company has conducted extensive geologic. Bidens DOI also canceled two leases under consideration in the Gulf of Mexico area. Meanwhile the planned sale of two leases lease 259.
Thats due to expire in June WashPost notes. The news comes as gas prices smash all-time records. 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.
The move comes as Biden has taken a few actions to combat high gas prices despite his administrations generally hostile approach to the oil industry. Biden administration cancels sale of oil and gas lease in Alaska. 10 hours agoThe DOI halted the potential to drill for oil in over 1 million acres in Alaskas Cook Inlet along with two lease sales in the Gulf of Mexico.
The Interior Department said in an emailed statement that due to lack of industry interest in. The Department of Interior has nixed three high-profile oil and natural gas lease sales in Alaska and the Gulf of Mexico infuriating the energy sector and lawmakers who accuse President Biden of. 8 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.
10 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. For diesel the. As of Thursday afternoon the national average price of gasoline was 441 per gallon according to AAA.
3 hours agoAccording to a 2016 assessment of the proposed lease sales Cook Inlet would have likely produced more than 200 million barrels of oil. Gas prices reach record highs. 8 hours agoMay 12 2022 Updated 1153 am.
16 hours agoPresident Joe Bidens administration has ceased all oil and gas leases to Alaskas Cook Inlet and the Gulf of Mexico as of Wednesday night. That assumes that the price per barrel sits at about 100. 4 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.
Seeking 3 million loan for Denver-based company with 47500 acres of leases over large shallow oil play in northern Utah. Meanwhile the planned sale of two leases lease 259. Due to lack of industry interest in leasing.
12 hours 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. 6 hours agoThe Biden administration disclosed Wednesday the Department of Interior will cancel three critical oil and gas lease sales in the Gulf of Mexico and Alaskas Cook Inlet. 12 hours 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.
A spokesperson for the Interior Department said on Wednesday the Cook Inlet lease sale would not proceed due to insufficient industry interest. 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 --. This decision comes at a time when there is the biggest need for oil and gas as the prices hit all-time high.
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