Alaska and Gulf of Mexico Experience Surge in Oil and Gas Leasing
Oil and Gas Leasing Gets Boost in Alaska and the Gulf of America The Department of Interior (DOI) is proposing to reopen up to 82%of the 23-million-acre National Petroleum Reserve in Alaska (NPR-A) to oil and gas leasing and has announced a lease sale in the Gulf of America (Mexico) for December 10 on about […]
Federal Oil and Gas Leasing and Its Impact on Greenhouse Gas Emissions | American Enterprise Institute
Federal Oil and Gas Leasing and Greenhouse Gas Emissions | American Enterprise Institute In a recent paper, Brian C. Prest of Resources for the Future asks “How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?” I shunt aside here a critique of Prest’s methodological approaches. What is interesting is the utter absence in his analysis of […]
Federal Oil and Natural Gas Leasing Revenue Reaches Nearly $8.5 Billion in 2023
Federal Oil & Natural Gas Leasing Revenue Tops Nearly $8.5 Billion in 2023 Revenues from oil and natural gas leases on onshore federal lands totaled $8.497 billion in 2023, according to a new Congressional Research Service (CRS) report. In fact, oil and natural gas leasing represents a whopping 93 percent of the total federal revenue […]
Federal Oil and Gas Leasing Strategy May Extend to Maine Coastline
Federal oil and gas leasing plan could include Maine coast The Trump administration is developing an offshore oil and gas leasing plan that could include waters in the Gulf of Maine. The Natural Resources Council of Maine warns there are no economically recoverable fossil fuels in the region and that drilling risks environmental and economic […]
Biden Expands Ban on Oil and Gas Leasing in Northern Bering Sea of Alaska • Alaska Beacon
Biden extends oil and gas leasing ban in Alaska’s Northern Bering Sea • Alaska Beacon The entire Northern Bering Sea is now off-limits to oil and gas leasing, under a presidential directive announced on Monday. President Joe Biden invoked his authority under a federal law to withdraw about 44 million acres of the Northern Bering […]