WASHINGTON DC (12/20/2023) – President Biden’s Department of Interior finalized the 2024-2029 National Outer Continental Shelf Oil and Gas Leasing Program on Friday with the fewest oil and gas lease sales in history. There will be a maximum of three lease sales in the Gulf of Mexico scheduled over the five years, and no sales will occur off the east and west coasts or offshore Alaska.
AEA President Thomas Pyle issued the following statement:
“While President Biden continues to blame oil and gas companies for high energy prices, his Department of Interior has done the absolute minimum forced upon them by law and demanded by the courts with respect to this latest leasing plan.
This latest attack on the oil and gas industry provides further warning to companies eager to invest in American energy and endangers our economic and national security. All President Biden’s offshore program will do is offshore our oil and production to other nations, like Iran and Venezuela.”
Additional Resources:
- Biden’s 5-Year Offshore Oil and Gas Lease Plane Has the Fewest Sales Auctions Ever
- 175 Ways the Biden and Democrats Have Made it Harder to Produce Oil & Gas
For media inquiries please contact:
THOMAS.PYLE@ENERGYDC.ORG