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US Interior Secretary Burgum announces first oil leases in Gulf of America

  • The Department of the Interior announced offshore lease sales in the Gulf of America, set for 2025.
  • The Bureau of Ocean Energy Management estimates 29.6 billion barrels of undiscovered oil and nearly 55 trillion cubic feet of gas in the Gulf.
  • Secretary of the Interior Doug Burgum stated, 'the era of locking up domestic energy is over,' signaling a shift in energy policy.
  • This sale aims to boost U.S. Energy independence and increase revenue for coastal states.
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AM 1100 The Flag WZFG broke the news in on Friday, April 4, 2025.
Sources are mostly out of United States (2)

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