U.S. energy policy is now at a “critical point” because the conclusion of an offshore lease sale in the Gulf of Mexico on Dec. 20 marks the final such sale until at least 2025 amid the Biden administration’s war on fossil fuels, an industry group is warning.
Following a ruling from the U.S. Court of Appeals for the 5th Circuit that required the Biden administration to include lease blocks that were previously excluded because of potential effects on whale populations in the Gulf of Mexico, the Bureau of Ocean Energy Management on Dec. 20 held the Gulf of Mexico oil and gas Lease Sale 261.
