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Published 3 hours ago

81 Million Gulf Acres Up for Oil and Gas Auction Next Week

81 Million Gulf Acres Up for Oil and Gas Auction Next Week
Angel Rivadeneyra · pexels

The U.S. government is preparing to offer more than 81 million acres in the Gulf of Mexico for oil and gas leasing on Wednesday, August 12. This auction is the third of 30 such sales required by the 2025 tax and spending legislation. It also represents the…