More Of The Gulf Of Mexico To Be Opened Up, Largest Lease Sale Ever
24/10/17 •lweb.es/f3627 •bit.ly/2B6cZrV
U.S. Secretary of the Interior Ryan Zinke has announced that the Department is proposing the largest oil and gas lease sale ever held in the U.S. - 76,967,935 acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida. It is scheduled for March 2018 and includes all available unleased areas on the Gulf’s Outer Continental Shelf, surpassing last year’s region-wide lease sale by about one million acres. The resources projected to be developed range from 0.21 to 1.12 billion barrels of oil and from 0.55 to 4.42 trillion cubic feet of gas.
President Trump’s Energy Plan
While the plan lacks specifics about implementation, it lays out a foundation for US energy policy for at least the next four years: "Energy is an essential part of American life and a staple of the world economy. The Trump Administration is committed to energy policies that lower costs for hardworking Americans and maximize the use of American resources, freeing us from dependence on foreign oil.” Highlights are: Eliminating "harmful and unnecessary policies such as the Climate Action Plan”; Embracing US shale and gas; Having a commitment to clean coal technology; Eliminating US dependence on OPEC; Protecting the environment.