Biden Offshore Drilling Plan Floats ‘Minimum’ Sales But All Sides Unhappy

Biden officials are proposing to hold the minimum number of offshore oil lease sales in the coming years that would allow them to continue offshore wind activities, per constraints in last year’s Inflation Reduction Act (IRA), a move that is rankling supporters of expanded drilling as well as environmentalists who oppose any new drilling. The proposal to hold just three lease sales from 2024-2029 would constitute “the fewest oil and gas lease sales in history,” the Interior Department notes in...