U.S. Oil Industry Sues Biden Administration Over Gulf Of Mexico Lease Sale ...Middle East

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U.S. Oil Industry Sues Biden Administration Over Gulf Of Mexico Lease Sale
The American Petroleum Institute (API), U.S. supermajor Chevron, and the state of Louisiana are suing the Biden Administration after the federal government reduced the area to be offered in the next Gulf of Mexico oil and gas lease sale by 9% to safeguard the habitat of a rare whale species. The adjustment, which will see the Department of the Interior auction 67 million acres in the next lease sale instead of 73.4 million acres, followed a legal settlement with environmentalists regarding the whale habitat. The latest terms of the next oil and…

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