A trade organization representing U.S. oil and gas companies is pressuring the Biden administration to ratchet up lease sales on federal lands and waters, including the Gulf of Mexico, the group’s leader said Wednesday.
Mike Sommers, president and CEO of the American Petroleum Institute, said he is hopeful for at least one sale in 2022 but that API is negotiating with the White House and the Department of the Interior to hold more. Sommers pointed out that federal law requires four sales each year if land is available.
Read more: Ramp up Gulf of Mexico lease sales, national oil and gas group leader says
