The Interior Department said Friday that it is postponing onshore and offshore oil lease sales planned for next month in line with President Joe Biden’s executive order on climate change. The Jan. 27 order instructed federal agencies to suspend oil and gas leasing until the leasing program is reviewed. In separate orders Friday, the Bureau of Ocean Energy Management and the Bureau of Land Management postponed lease sales in the Gulf of Mexico and four Western states: Colorado, Montana, Utah and Wyoming. The onshore sales were postponed to confirm the adequacy of underlying environmental analyses, said Interior spokesperson Melissa Schwartz. Low interest and small attendance at offshore lease sales covering different parts of the Gulf of Mexico prompted President Barack Obama’s administration to combine them. Gulf-wide sales began in 2017. Those also have received sparse responses, with some attracting bidders for less than 1% of […]

Posted in: USA