The Biden administration announced Wednesday it will soon conduct its first offshore wind energy lease sale in the Gulf of Mexico as oil and gas leases have slowed dramatically.
Fox News anchor Bret Baier takes a look at America's energy landscape and why domestic sources remain in high demand on "Special Report Spotlight: Energy Matters."on Wednesday announced the government’s first-ever offshore"wind lease sale" in the Gulf of Mexico, which will give companies a chance to bid on areas of the Gulf Coast to produce wind energy and contribute to America’s"clean energy transition.
President Biden speaks during a meeting about the Federal-State Offshore Wind Implementation Partnership in the Roosevelt Room of the White House in 2022. Interior said it has already held three offshore wind lease auctions, including one off the coast of New York and another on the Pacific coast in California. It said the Gulf of Mexico lease sale will auction three sites off the coast of Galveston, Texas, and Lake Charles, Louisiana.
Interior is"considering lease stipulations to ensure that communities, particularly underserved communities, are considered and engaged with early and often throughout the offshore wind energy development process, that potential impacts and benefits from lessees’ projects are documented, and lessees’ project proposals are informed by or altered to address those impacts and benefits."
RISING GAS PRICES FUEL SMALL BUSINESS CONCERNS AS BIDEN ADMIN ASKS FOR VENEZUELA'S HELP: 'VERY FRUSTRATING'
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