Obama Administration to offer 40 million acres in the Gulf of Mexico for oil and gas development
Green Car Congress
FEBRUARY 14, 2014
The sales will be the fourth and fifth offshore auctions under the Administration’s Outer Continental Shelf Oil and Gas Leasing Program for 2012-2017 (Five Year Program), which makes all areas with the highest-known resource potential available for oil and gas leasing in order to further reduce America’s dependence on foreign oil.
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