The sale by the Department of Interior will be the first under President Joe Biden, whose administration paused drilling sales under a promise to end development on federal properties. But Biden lost a court fight to oil-producing states that sued to reinstate the sales.The administration has appealed and a suit by environmental groups seeking to halt the sale is pending. The U.S. is moving ahead to hold onshore lease auctions in several states early next year.
Interior's Bureau of Ocean Energy Management will auction almost all available unleased Gulf of Mexico blocks, 80 million acres, at a live-streamed event on Wednesday morning. It will be the first opportunity to test the oil and gas industry's demand for Gulf acreage with energy prices at multi-year highs. U.S. crude futures on Tuesday settled at $80.76 a barrel, up 95% in the last 12 months.
The Trump administration's final Gulf sale, held last November, generated a modest $121 million in high bids. But oil companies Royal Dutch Shell
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden promises candor on human rights as U.S.-China talks beginU.S. President Joe Biden told Chinese leader Xi Jinping that he hoped to have a candid conversation about human rights and security issues as the two began a meeting meant to lower tensions between the two global superpowers. Joe's not allowed to look at the ping Oh, two global superpower! They all went Glosgow to lesser the corbon emissions by huge planes
Source: Reuters - 🏆 2. / 97 Read more »
Quotes from Biden and Xi at start of their virtual meetingU.S. President Joe Biden began a virtual meeting with Chinese leader Xi Jinping on Monday. Here are some of their opening remarks delivered via video conference. Ít was amazing journey with you Mr Hendricksnino I never knew you were good like this because you just really make me happy and care about my family with your platform í can't stop saying this brothers and sisters never ignore coñtàct him Mr Hendricksnino horrible
Source: Reuters - 🏆 2. / 97 Read more »
Biden signs order to address 'crisis of violence' against Native Americans at White House summitPresident Biden has signed an executive order directing federal agencies, including the departments of Justice, Interior and Homeland Security, to create a strategy addressing what the President called a 'crisis of violence' against Native Americans A bit late now, Christian Europeans wiped out 95% native in America’s and now you act What about everyone else? I have benefited from at least $40,000 a week with Hendricksnino through his recommended platform with my small investment. Don't spend all your money without investing. Hendricksnino is a life saver, join me and win also in with good hands
Source: CNN - 🏆 4. / 95 Read more »
Biden, Xi Cool Down Hostilities in Virtual MeetingThe White House said the U.S. and Chinese presidents discussed a variety of topics including Afghanistan, North Korea and Iran, as well as human rights, climate change and concerns over Taiwan. this is terrible news 😳 Hostilities! They better figure something out (I refrained from swearing). There are too many people depending on these heads of state
Source: WSJ - 🏆 98. / 63 Read more »
Biden Seeks To Avoid Conflict, Xi Greets ‘Old Friend’ In Monday’s U.S.-China TalksTalks between Biden and Xi come at a time of major tensions between the U.S. and China. So... Biden was taken for a fool by Xi and pacified again? The future of China and the world. The US lies about the Xinjiang Genocide allegations.
Source: Forbes - 🏆 394. / 53 Read more »
Biden and China's Xi hold 'expansive and substantive' virtual meetingPresident Joe Biden and Chinese leader Xi Jinping have started a virtual meeting that is likely to last several hours Hope Biden has his Depends on!! This should be on PPV. Will Joe impersonator fill in?
Source: politico - 🏆 381. / 59 Read more »