NOIA President Erik Milito has issued a response to the decision not to move forward with planned GoM and Alaska oil and gas lease sales. National Ocean Industries Association President Erik Milito has issued a response to the Interior Department’s decision not to move forward with planned Gulf of Mexico and Alaska oil and gas lease sales. Last week, the Biden administration scrapped planned auctions of drilling rights in the Gulf of Mexico and Alaska’s Cook Inlet in a move that deepens uncertainty over the future of the U.S. government’s offshore oil leasing program. The Interior said that it would not move forward with two Gulf of Mexico lease auctions planned under former President Barack Obama due to conflicting court rulings regarding the auctions. The department’s justification for the Alaska lease auction cancellation was a ‘lack of industry interest in leasing the area’. The previous five-year plan ends on […]