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First Trump Gulf of America offshore oil and gas lease auction draws weaker bidding

The Bureau of Ocean Energy Management’s first auction of new oil and gas leases in the Gulf of America under the Trump administration drew fewer bids than those seen during the Biden administration. BOEM on Wednesday held its first auctions, titled “Big Beautiful Gulf 1,” on oil and gas drilli......

Source: Washington Examiner

Original URL: https://www.washingtonexaminer.com/policy/energy-and-environment/3913359/trump-gulf-america-offshore-oil-gas-lease-auction-draws-bidding/