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Biden Only Offers Maximum of 11 Offshore Drilling Sales

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President Biden’s Interior Department only offered a maximum of 11 offshore oil and natural gas drilling lease sales on Friday.

The proposal includes only one area off the Alaska coast and a maximum of 10 sites in the Gulf of Mexico. New oil drilling in the Atlantic and Pacific oceans are not included in the proposal.

Importantly, Interior Secretary Deb Haaland noted the final number of leases allowed after the administration’s decision could be as low as zero, saying, “The proposed plan puts forward several options from no lease sales up to 11 lease sales over the next five years.”

Federal law requires the Interior Department to make drilling lease plans every five years in federal waters.

A federal court in Louisiana ordered the Biden administration to resume lease sales after it had stopped them in January.

The number of leases offered in the new proposal is far short of the number that former President Trump proposed.

NPR reports:

Under the Trump administration, Interior officials had proposed 47 sales, including 12 in the Gulf of Mexico, 19 in Alaska and nine off the Atlantic coast that were later withdrawn. Trump lost the 2020 election before the proposal was finalized.

Despite his comments, Biden is not doing everything to make gasoline prices cheaper. Biden campaigned on stopping drilling on federal waters and he just blocked exploration in the Atlantic, Pacific and Arctic oceans.

Adding to the supply of oil is the way to reduce prices, not restricting areas for new production.

Tom Borelli

Dr. Tom Borelli is a Newsmax TV contributor and radio commentator addressing political issues from a conservative grassroots perspective. As a columnist, he has written for The Washington Times and authored articles for Newsmax Magazine, Newsmax Insider and previously was a co-host with his wife Deneen Borelli on the SiriusXM Patriot channel. Dr. Borelli appeared on numerous television programs, including the highly ranked Fox News Channel’s “The O’Reilly Factor,” “Hannity,” “The Kelly File," and "America’s News Headquarters." He has also appeared on Fox Business Network’s “Making Money with Charles Payne” and “After the Bell” as well as TheBlaze TV’s "The Glenn Beck Program" and "Dana!" Prior to working for public policy organizations, Dr. Borelli was a managing partner with the investment advisory firm of Action Fund Management, LLC and a portfolio manager for the Free Enterprise Action Fund (FEAF) where he used shareholder activism to challenge corporations that sought to profit from the growth of government. During his 25 years with the Altria Group, Inc., he built a foundation in public policy and issues management, drawing from diverse experiences ranging from basic research to corporate affairs. Dr. Borelli served as science fellow for the U.S. House of Representatives' Committee on Science, Space, and Technology during the 100th Congress. Dr. Borelli has also published scientific papers on interferon and human leukemia.

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