The Trump administration announced its first offshore oil and gas lease sale, offering 76 million acres in the Gulf of Mexico and reduced royalty rates for shallow-water leases to encourage drilling at a time of low oil prices via /r/economy


The Trump administration announced its first offshore oil and gas lease sale, offering 76 million acres in the Gulf of Mexico and reduced royalty rates for shallow-water leases to encourage drilling at a time of low oil prices
http://www.reuters.com/article/us-usa-oil-leasesale-idUSKBN19Y2WI?il=0

Submitted July 13, 2017 at 10:23PM by PhocionPubliusHam
via reddit https://www.reddit.com/r/economy/comments/6n6b9i/the_trump_administration_announced_its_first/?utm_source=ifttt

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s