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US to Issue Proposed Offshore Oil Lease Plan by June 30

May 19, 2022, 2:37 PM

The Biden administration will lay out its proposed plan to sell offshore oil and gas leases over the next five years by June 30, Interior Secretary Deb Haaland says Thursday.

  • Haaland’s announcement, made during a Senate Energy and Natural Resources Committee hearing, confirms there will be a lapse in five-year offshore leasing programs, since the current plan expires June 30
  • Proposed program will still be subject to review and changes before it could be finalized
  • “As we take this next step we will follow the science and the law as we always do,” Haaland said
    • “This requires a robust and ...