The Biden administration has proposed a maximum of three offshore oil and gas lease sales in the Gulf of Mexico’s (GOM) Outer Continental Shelf (OCS) for the 2024-2029 period. 

The long-awaited, proposed final program entails “the fewest oil and gas lease sales in history,” Department of the Interior (DOI) officials said upon releasing the five-year plan and a corresponding final environmental impact statement.

If the proposed auctions go forward, DOI’s Bureau of Ocean Energy Management (BOEM) could conduct the sales in 2025, 2027 and 2029.

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The three possible sales “are the minimum number that will enable the Interior Department...