‘The President’s All-of-the-Above Energy Strategy’ and Other Self-Delusions
We’ve been having area-wide lease sales over the same portions of the Gulf of Mexico for the last 30 years. Despite this week’s tepid response at the Western GoM Sale (shelf and deepwater offshore Texas, mostly), the press release from the Bureau of Ocean Energy Management would have you thinking it was a smashing success. Western Gulf of Mexico Lease Sale Yields $102.4 Million in | Read More »
Energy Week in Review
Dispatch from the Oil Patch, March 23, 2013.
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Offshore O&G Lease Sale: Small Companies Stay Away in Droves
On Wednesday of the week just past, the Department of the Interior conducted the first sale of oil and gas leases in the Gulf of Mexico since BP’s Macondo oil spill. Measured by the statistics touted in Interior’s press release, the sale would appear to be a rousing success: NEW ORLEANS – The Department of the Interior’s Bureau of Ocean Energy Management announced that its | Read More »