Interior Department officials set a date for a March oil and gas lease sale in the Gulf of Mexico, as the Trump administration carries out Republican plans to boost fossil fuels.
Bids submitted for areas covering more than 80 million acres of outer continental shelf in the Gulf will be accepted until 10 a.m. on March 10, the Bureau of Ocean Energy Management announced Wednesday.
BOEM said the lease sale will be held March 11, when the bids will be opened.
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The Republican megalaw signed by President Donald Trump last July requires 30 oil and gas lease sales through 2040 in the Gulf, which Trump has renamed the Gulf of America. The first Gulf sale since 2023 was held in December, and it attracted considerable interest from oil companies.
