Word has it that the Feds told the developers to take the deal or they would simply cancel the leases, letting the developers sue to try to get their money back, someday. The Feds have a strong lever here which explains their getting promises from the developers that they would reinvest the refund in oil and gas development.

The post Offshore Wind Confusion: Refunding a Lease is not a Buyout…

Amid Soaring Energy & Gas Prices, Trump Admin Draws Far Fewer Bids Than Dec. Sale NEW ORLEANS — Gulf and environmental groups responded to the Trump administration’s latest large-scale sell-off of public waters to the oil-and-gas industry in the Gulf of Mexico today. The Trump administration’s Bureau of Ocean Energy Management ... [continued]

The post Gulf & Environment Groups Respond To Public…