Sen. John Kennedy (R-La.) Announces 73-Million Acre Oil and Natural Gas Lease Sale for Gulf of Mexico
Mar 06 2017
WASHINGTON, D.C. – U.S. Sen. John Kennedy (R-La.) today announced that 73 million acres off Louisiana, Texas, Mississippi, Alabama and Florida will be offered for oil and gas exploration and development.
“President Trump recognizes the valuable role that Louisiana can play in making America energy independent. I have been working with the Trump administration since I took office to roll back regulations and policies that put our oil and gas industry in a chokehold,” said Sen. Kennedy. “By reducing our reliance on foreign oil, we will strengthen our country and we will create jobs on American soil.”
The proposed region-wide lease sale scheduled for August 16, 2017, would include all available unleased areas in federal waters of the Gulf of Mexico. The sale will be livestreamed from New Orleans. Two Gulf lease sales will be held each year.