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Biden Admin. Proposes Most Restrictive Offshore Leasing Plan In History

admin  -   02:12 pm  -   October 12th, 2023

The U.S. Bureau of Land Management announced the most restrictive offshore oil and gas leasing plan ever last week. It proposes only three lease sales through 2029, the bare minimum under federal law. This sparked pointed criticism from the energy sector and members of Congress, including from within the President's own party. Senate Energy & Natural Resources Committee Chair Joe Manchin said "it makes no sense at all to actively be limiting our energy production while our adversaries are weaponizing energy around the world." He called it a "failure of leadership" and promised "to do everything in my power to hold this Administration accountable."