U.S. Plans Lease Sales in Gulf of Mexico, Offshore Alaska
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President Barack Obama’s administration plans 15 offshore oil-lease sales from 2012 to 2017, keeping the Atlantic and Pacific seaboards off-limits for drilling.
The government will hold 12 lease sales in the Gulf of Mexico and 3 off of Alaska’s coast, the Interior Department said today in a statement announcing its proposed five-year oil and gas leasing program. The proposal calls for two sales, in 2014 and 2016, in areas of the eastern Gulf that aren’t under a congressional moratorium,