Biden administration moves ahead with massive Gulf of Mexico drilling auction, weeks after approving Willow Project
Headline from KTVZ Bend
By Ella Nilsen, CNN A few weeks after allowing the controversial Willow oil drilling project in Alaska to go forward, the Biden administration is auctioning off more than 73 million acres of waters in the Gulf of Mexico to offshore oil and gas drilling.
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By Ella Nilsen, CNN A few weeks after allowing the controversial Willow oil drilling project in Alaska to go forward, the Biden administration is auctioning off more than 73 million acres of waters in the Gulf of Mexico to offshore oil and gas drilling.
The Biden administration is moving ahead today with the controversial online auction of over 114,000 square miles of oil and gas leases in the Gulf of Mexico
The most recent lease sale of offshore tracts by the Bureau of Ocean Energy Management is the result of the Inflation Reduction Act and attracted bids from 32 companies.
Energy companies secured access to 1.6 million acres of waters offered at auction. It's the second time this month that the administration has opened federal territory for new fossil fuel drilling.