The U.S. Department of the Interior reports that, as directed by the One Big Beautiful Bill Act (H.R. 1), it is rolling out a long-term schedule for offshore oil and gas lease
Photo: BOEM
The U.S. Department of the Interior reports that, as directed by the One Big Beautiful Bill Act (H.R. 1), it is rolling out a long-term schedule for offshore oil and gas lease sales in the Gulf of America and Alaska’s Cook Inlet.
The Department says that inclusion of at least 30 lease sales in the Gulf of America “underscores the region’s indispensable role in America’s energy ecosystem, accounting for roughly 14–15% of U.S. crude oil production and serving as the linchpin of offshore energy output. These scheduled sales offer the oil and gas sector much-needed clarity and stability, encouraging continued investment in deepwater infrastructure, which is foundational to national energy resilience. The Gulf supports hundreds of thousands of jobs, contributes tens of billions to GDP annually and generates substantial federal and state revenues. The economic and energy-security gains from these sales are both immediate and long-lasting.“
According to the Department, “Alaska plays a vital
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