Without question, one of the integral components of President Donald Trump’s “America First” national strategy is to spur development and production of energy resources to make the United States dominant on the global stage in that regard.
As such, The Hill reported that Trump’s Interior Department recently announced what stands to be a record-breaking sale of off-shore oil and gas leases in the Gulf of Mexico, the largest such sale in U.S. history.
The auction of the leases, scheduled to take place March 21, would open up some 77.3 million acres to offshore drilling for oil and gas off the coasts of Texas, Louisiana, Mississippi, Alabama and Florida.
Reuters had initially reported on a proposal for such an auction in Oct. of 2017, though details had yet to be finalized.
AAN Staff
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