In what the American Petroleum Institute (API) slams as “a step in the wrong direction,” the Bureau of Ocean Energy Management has now published the final 2024–2029 National Outer Continental Shelf Oil and Gas Leasing Program. As proposed on September 29, it includes the fewest oil and gas lease sales in history.
As we noted then (see earlier story), the Inflation Reduction Act (IRA) does not allow the Bureau of Ocean Energy Management (BOEM) to issue a lease for offshore wind development unless...
https://www.marinelog.com/offshore/oil-gas/api-slams-boems-5-year-oil-and-gas-lease-sale-program/