US BLM Unveils Plans for June Oil and Gas Drilling Auctions

The U.S. Bureau of Land Management said it will offer 131,771 acres (53,326 hectares) to oil and gas companies in Wyoming, the largest planned sale.

Reuters

The Biden administration will offer oil and gas companies drilling rights on federal acreage in at least eight states in June, according to sale notices published on April 18.

The announcements come days after the U.S. Department of Interior said it would resume oil and gas lease sales on public lands, a move that clashes with a pledge President Joe Biden made while campaigning for the White House.

Biden paused drilling auctions shortly after taking office last year, citing the need to study the program’s value to taxpayers and impact on climate change.

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