Interior Secretary Doug Burgum said on Friday that he has directed the Bureau of Ocean Energy Management to hold an offshore oil and gas lease sale in the Gulf of America later this year.
“Unleashing America’s energy resources will lower prices at the pump, at the grocery store and across all aspects of American life while strengthening our national security,” Burgum said in a statement.
The bureau is expected to publish a proposed notice of sale in June, according to the statement by the Interior Department.
This will be the first lease sale held under the Trump administration in the Gulf of America—which President Donald Trump has recently renamed from its former name, the Gulf of Mexico….