Proposed Oil, Gas Lease Sale To Be Largest Ever

Oil Platform Getty Images

The U.S. Secretary of the Interior is proposing to hold this nation's largest-ever oil and gas lease sale in New Orleans early next year.

Ryan Zinke announced yesterday that the sale would involve nearly 77 million acres in federal waters of the Gulf of Mexico that are off shore from Alabama, Florida, Louisiana, Mississippi and Texas.

The sale will take place in March, with U.S. Senator Bill Cassidy noting that the Trump administration is following through on its promise to end the war on American energy.

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