Biden Announces Plan to Sell ‘Fewest Oil and Gas Lease Sales in History’

Reducing oil and gas lease sales will be in line with the administration’s goal of net-zero emissions by 2050.

President Joe Biden during a news briefing at the White House in Washington on April 26, 2023. Madalina Vasiliu/The Epoch Times

The Biden administration has announced that it will sell only three offshore oil and gas leases over the next five years.

From 2024 to 2029, the Department of the Interior (DOI) says it will engage in “a maximum of three potential oil and gas lease sales” in the Gulf of Mexico region scheduled in 2025, 2027, and 2029, according to a Sept. 29 statement.