U.S. Interior Department Postpones Sales of Oil Drilling Rights

The Interior Department is postponing auctions of oil and gas leases in four Western states and revoking the authorization for a planned March sale of drilling rights in the Gulf of Mexico.

• Sales in coming months of tracts in Colorado, Montana, Utah and Wyoming are being postponed by the Bureau of Land Management “to confirm the adequacy of underlying environmental analysis,” according to an emailed Interior statement
• Separately, the Bureau of Ocean Energy Management has rescinded a record of decision authorizing a planned sale of Gulf of Mexico oil leases in March, according to the Interior Department
  • By rescinding the ...