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Exclusive-Biden's 5-year offshore oil plan will have historically low lease sales, no sales in 2024 -sources

2023-09-29 04:18
By Jarrett Renshaw and Nichola Groom The Biden administration's five year oil and gas lease plan to be
Exclusive-Biden's 5-year offshore oil plan will have historically low lease sales, no sales in 2024 -sources

By Jarrett Renshaw and Nichola Groom

The Biden administration's five year oil and gas lease plan to be released on Friday will not include any sales in 2024 and will total the lowest number of auctions in the history of the lease program, according to three sources familiar with the plan.

(Reporting By Jarrett Renshaw; Editing by Chris Reese)