Tag Archives: biden

What is in the $2T House-Passed Biden Backed Bill

#oilandgas #oilfied, #oil, #oilfieldcowboy #biden The House on Friday passed a roughly $2 trillion bill incorporating the core of President Joe Biden’s economic agenda — ramping up funding for the social safety net and increasing taxes on corporations and the wealthy — sending it on to the Senate, where it’s likely to be significantly reshaped. […]

Biden Gulf of Mexico Lease Sale Results Are In

#oil and gas, #oilfield, #gulf of mexico, #drilling, #roughneck, #cowboy he Bureau of Ocean Energy Management (BOEM) has announced that Gulf of Mexico Lease Sale 257 generated $191,688,984 in high bids for 308 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico (GOM). A total of 33 companies participated in the […]

Biden Auction to Test Industry Appetite

#oilfield, #oil and gas, #drilling, #rig, #roughneck, #cowboy The Biden administration is selling drilling rights across the Gulf of Mexico on Wednesday in an auction that will test the oil industry’s appetite amid White House efforts to shift away from fossil fuels. The sale will take place despite pleas from environmental activists for its cancellation, […]