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BOEM announces proposed Central Gulf of Mexico oil and gas lease sale; nearly 38 million acres available

Green Car Congress

The sale will include all available unleased areas in the Central Planning Area offshore Louisiana, Mississippi and Alabama. Lease Sale 216/222 is the last remaining sale scheduled in the 2007 – 2012 Outer Continental Shelf Oil and Natural Gas Leasing Program.

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Rice University Study and Policy Paper Find US Biofuels Policies Flawed, Recommend Fundamental Overhaul

Green Car Congress

Based on the latest available US Government Accountability Office data (2008) the US government spent $4 billion in subsidies to replace about 2% of the US gasoline supply. Chevron Technology Ventures and the Institute for Energy Economics of Japan provided support for the study. “We per gallon (gal) on top of the gasoline retail price.

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Oil and gas lease sale in Central Gulf of Mexico draws more than $1.7B in high bids for more than 2.4M acres; Shell, Statoil, BP top high bidders

Green Car Congress

Secretary of the Interior Ken Salazar announced that the Central Gulf of Mexico oil and gas lease sale attracted $1,704,500,995 in high bids for tracts on the US outer continental shelf offshore Louisiana, Mississippi and Alabama. billion barrels of oil and 3.3 trillion cubic feet of natural gas.

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