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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