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Gulf of Mexico oil and gas leases news and market signals

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

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Medium 7/10Gulf of Mexico oil and gas leases Brent crude oil futures

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

The Trump administration is set to auction over 81 million acres of oil and gas leases in the Gulf of Mexico on August 12. This marks the third of 30 mandated lease sales under the 2025 tax and spending law.

August 12, 2026Published 2 hours ago