"Administration Awards Gulf Of Mexico Drilling Leases To Oil Giants"

"The leases from a 2021 sale were given to oil and gas companies as part of a deal with Sen. Manchin over climate legislation".

"The Biden administration on Wednesday reinstated $190 million worth of leases to companies bidding to explore for oil and gas in the Gulf of Mexico, despite widespread concerns about accelerating climate change.

The Bureau of Ocean Energy Management granted the 307 oil and gas leases as part of a compromise that won support last month from Sen. Joe Manchin III (D-W.Va.) for the Inflation Reduction Act and its roughly $369 billion in climate-related spending and tax credits.

The Lease Sale 257, which had been held in November 2021, had been invalidated by a federal judge in February."

Steven Mufson reports for the Washington Post September 14, 2022.

SEE ALSO:

"Where the New Climate Law Means More Drilling, Not Less" (New York Times)

Source: Washington Post, 09/15/2022