Bloomberg Law
May 19, 2022, 2:37 PM

US to Issue Proposed Offshore Oil Lease Plan by June 30

Jennifer A. Dlouhy
Jennifer A. Dlouhy
Bloomberg News

The Biden administration will lay out its proposed plan to sell offshore oil and gas leases over the next five years by June 30, Interior Secretary Deb Haaland says Thursday.

  • Haaland’s announcement, made during a Senate Energy and Natural Resources Committee hearing, confirms there will be a lapse in five-year offshore leasing programs, since the current plan expires June 30
  • Proposed program will still be subject to review and changes before it could be finalized
  • “As we take this next step we will follow the science and the law as we always do,” Haaland said
    • “This requires a robust and ...

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