National Ocean Industries Association President Erik Milito said Interior has had 16 months to fulfill its statutory obligation to develop and maintain an offshore oil and gas leasing program and it has failed.
Last week, the U.S. Department of the Interior released its proposed Outer Continental Shelf (OCS) five-year program for offshore oil and gas leasing. The Outer Continental Shelf Lands.
The Biden administration has released a preliminary proposal that could prohibit oil and gas leases in the Gulf of Mexico for the next five years, though it will undergo a lengthy public comment period and congressional review before it’s finalized.