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Inactive Gulf Offshore Leases Draw Fire in Washington
More than two thirds of Gulf of Mexico offshore leases sit idle risking 1 billion barrels of oil and 50 trillion cubic feet of gas, Interior reports. 45 percent of onshore federal leases also inactive as administration weighs incentives. lawmakers push Use it or Lose it measures amid rising fuel costs and political contention.
MENTIONED IN THIS ARTICLE
Washington
Gulf of Mexico
Department of Interior
Gulf
Interior
Associated Press
Barack Obama
Middle East
White House
Obama
America
Interior Department
Department
Ken Salazar
Capitol Hill
Jack Gerard
American Petroleum Institute
GOP
Brazil
U.S