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Biden Charts Sale of Offshore Oil Drilling Rights in Alaska

Sept. 22, 2022, 3:04 PM

The Interior Department advanced plans to sell oil and gas leases in Alaska’s Cook Inlet on Dec. 30, one day before a deadline set by the just-enacted Inflation Reduction Act.

  • Under the sale notice published in the Federal Register, Interior’s Bureau of Ocean Energy Management would make some 224 blocks available for leasing under conventional 10-year terms
    • Areas that overlap with critical habitat for beluga whale and northern sea otters could be removed from potential leasing
  • NOTE: Interior had scrapped a sale of Cook Inlet leases that was planned under the Obama administration earlier this year, before enactment of the ...