The Minerals Management Service’s plan to shorten the initial lease terms for an upcoming Central Gulf of Mexico (GOM) sale “is one more impediment to the development of domestic oil and natural gas,” the head of the American Petroleum Institute (API) said.
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API Blasts MMS Plan to Shorten GOM Lease Terms
The Minerals Management Service’s plan to shorten the initial lease terms for an upcoming Central Gulf of Mexico (GOM) sale “is one more impediment to the development of domestic oil and natural gas,” says the head of the American Petroleum Institute (API).
November 17, 2009