The federal government is moving to open up millions of acres in the Gulf of Mexico for oil and natural gas drilling.
The new leases will be offered for sale through 2012, though specific locations were not provided Monday. Half of the Gulf sites are located in the central Gulf of Mexico off the coasts of Mississippi and Louisiana, while five are off the coast of Texas in the western Gulf. Only one new lease is planned in the eastern Gulf to keep new leases more than 125 miles off the Florida coast.
About the Author(s)
Magnolia Tribune
This article was produced by Magnolia Tribune staff.
More Like This
DC
|
Jamey Keaten, Associated Press
, David McHugh, Associated Press
, Elaine Kurtenbach, Associated Press
, Ken Moritsugu, Associated Press
•
May 12, 2025
US and China take a step back from sky-high tariffs, agree to pause for 90 days
The U.S. has agreed to drop its 145% tariff rate on Chinese goods by 115 percentage points to 30%, while China has agreed to lower its rate on U.S. goods by the same amount to 10%.
More From This Author
Previous Story
Next Story
