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Blogs forNovember 9th, 2025

Offshore oil platform in the Gulf of America under BOEM lease plan

U.S. Opens Gulf and Alaska Offshore Areas for Oil Leasing

The U.S. Interior Department opened 80 million acres in the Gulf of America for oil and gas leasing and proposed a 1 million-acre sale in Alaska’s Cook Inlet under the One Big Beautiful Bill Act, setting a 12.5% royalty rate.

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