Thursday, May 26, 2022
The Department of Interior plans to release a proposal for a five-year offshore oil and gas leasing program with the current program set to expire on June 30, according to Natural Gas Intelligence.
Secretary of Interior Deb Haaland confirmed the DOI’s intentions before the Senate Committee on Energy and Natural Resources, saying the Trump administration had ceased working on the new leasing program, which delayed it.
Oil and gas industry advocates have warned of a potential lapse in offshore leasing that could impact production in U.S. coastal waters with the current program set to expire.
Learn more: Natural Gas Intelligence > Biden Administration Says Five-Year Offshore Leasing Program Coming in June
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