Why did a Gulf of Mexico oil drilling lease sale just happen under Biden?

The US Bureau of Ocean Energy Management (BOEM) held a lease sale in the Gulf of Mexico yesterday for oil and gas drilling rights. Why did the Biden administration hold an auction for fossil fuel drilling, on the heels of COP26, where countries agreed to “phase down” fossil fuels?

more…

The post Why did a Gulf of Mexico oil drilling lease sale just happen under Biden? appeared first on Electrek.