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White House Blames Offshore Oil Lease Cancellations on ‘Lack of Industry Interest’

The Marathon Petroleum Corp. El Paso oil refinery on December 10, 2021 in El Paso, Texas. (Photo by PATRICK T. FALLON/AFP via Getty Images)

(CNSNews.com) – The Biden administration is planning to cancel three offshore oil leases in the Gulf of Mexico and Alaska.

Despite gas being at an all-time high, the White House claimed the decision was made in part because of “a lack of industry interest.”

“AAA is saying, you know, record-high nominal gasoline prices again today, but Americans are also seeing news about oil leases and auctions not going forward. What was the administration’s thinking on not having those auctions?” a reporter asked White House Press Secretary Jen Psaki.

“Well, the Department of Interior, who — they have put out some comments on this, and what they have made quite clear is that the Cook Inlet cancellation, which you’re referring to, was due to a lack of industry

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