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Administration Awards Gulf of Mexico Drilling Leases To Oil Giants

frackgulfof In: Administration Awards Gulf of Mexico Drilling Leases To Oil Giants | Our Santa Fe River, Inc. (OSFR) | Protecting the Santa Fe River

Politics is all about compromise, but sometimes what is given up hurts.  In this case it more threat to the Gulf of Mexico.

One would think that after Deepwater Horizon no one would even think about drilling in the Gulf.  The damage from that inexcusable tragedy will go on for decades to come.

Fracking the Gulf however, has gone on like gangbusters in the past and our government has used that water body as a cesspool dumping ground.

Turns out that the EPA has nothing on the Florida Department of Environmental Protection, as they both routinely put industry [read money] over our environment.  The FDEP routinely dumps toxic waste water that our phosphate industry can’t handle into the Gulf to accompany those rusting barrels of poison that the EPA dumped there.

So the fracking and the poisons continue in the Gulf of Mexico with our governments’ blessings.

Read the complete article here in the Washington Post.

Comments by OSFR historian Jim Tatum.
jim.tatum@oursantaferiver.org
– A river is like a life: once taken,
it cannot be brought back © Jim Tatum


Administration awards Gulf of Mexico drilling leases to oil giants

The leases from a 2021 sale were given to oil and gas companies as part of a deal with Sen. Manchin over climate legislation

The Biden administration on Wednesday reinstated $190 million worth of leases to companies bidding to explore for oil and gas in the Gulf of Mexico, despite widespread concerns about accelerating climate change.

The Bureau of Ocean Energy Management granted the 307 oil and gas leases as part of a compromise that won support last month from Sen. Joe Manchin III (D-W.Va.) for the Inflation Reduction Act and its roughly $369 billion in climate-related spending and tax credits.

The Lease Sale 257, which had been held in November 2021, had been invalidated by a federal judge in February.

On Wednesday, the Biden administration sought to stress that the sale would “protect biologically sensitive resources, mitigate potential adverse effects on protected species and avoid potential ocean user conflicts.”

Chevron submitted the highest sum of winning bids at $47 million. Other major successful bidders included Anadarko, BP, Shell and Exxon Mobil.

The Inflation Reduction Act specifies how the administration should deal with lease sales in the Gulf of Mexico. It instructs the administration to hold another lease sale for oil and gas alone. Subsequently, the bill says, there will be sales of oil and gas leases coordinated with lease sales of renewable energy from wind turbines….

“What we’re trying to do is accentuate the good things about the bill while trying to stop the things that undercut the longer term climate issues,” said Athan Manuel, offshore drilling expert with the Sierra Club. “It is a difficult needle to thread.”

 

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