$264M offered in Gulf oil sale held under climate compromise
Headline from NWI Times
Oil companies offered a combined $264 million Wednesday for drilling rights in federal waters in the Gulf of Mexico in a sale mandated by last year's climate bill compromise.
NWI Times's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
The Biden administration will auction oil and gas leases across more than 114,000 square miles (295,000 square kilometers) in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise.
Companies have offered bids on more than 2,600 square miles of federal oil and gas leases in the Gulf of Mexico in a sale mandated by last year’s climate bill
The sale comes two days before a deadline set in last year's climate bill that Biden signed into law prohibiting leasing public lands for renewable power unless tens of millions of acres are first offered for fossil fuels.
Oil companies offered a combined $264 million for drilling rights in the Gulf of Mexico on Wednesday in a sale mandated by last year's climate bill compromise.
Oil companies offered a combined $264 million Wednesday for drilling rights in federal waters in the Gulf of Mexico in a sale mandated by last year's climate bill compromise.
Oil companies have offered a combined $264 million in a drilling rights auction, which was mandated under a compromise reached last year over a federal climate bill.
Oil companies offered a combined $264 million Wednesday for drilling leases in public waters of the Gulf of Mexico in a sale mandated by last year's U.S. climate bill compromise.
Oil companies including Chevron and ExxonMobil offered a combined $264 million for drilling rights in the Gulf of Mexico in a sale mandated by last year’s climate bill compromise.
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$264M offered in Gulf oil sale held under climate compromise | Since Then
