BLM cancels oil and gas leases for second quarter of 2021. New Mexico could lose millions Adrian Hedden, Carlsbad Current-Argus
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Without sales of New Mexico federal land to the oil and gas industry, the state could lose out on tens of millions in revenue every three months.
The Bureau of Land Management, a sub-agency of the U.S. Department of the Interior, announced it would not hold any oil and gas land lease sales during the second quarter of 2021 as the DOI was amidst a review and potential overall of the federal government’s oil and gas program.