"NEW ORLEANS — Low prices and concerns about the new coronavirus should postpone a Gulf of Mexico oil lease sale planned for Wednesday, environmental groups said Tuesday.
“As prices collapse, it’s insane to move forward with this bargain basement sell-off of our public resources,” Raleigh Hoke, campaign director for the New Orleans-based coalition Healthy Gulf, said in a news release.
Oil prices have dropped sharply since the COVID-19 pandemic cut travel and Russia and Saudi Arabia got into a price war."
Janet McConnaughey reports for the Associated Press March 17, 2020.
SEE ALSO:
"Interior: Coronavirus Won't Slow Lease Sales, Rulemakings" (Greenwire)
Source: AP, 03/18/2020
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