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PARTIAL RELEASE of OIL and GAS LEASE Form

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tonight oil companies putting in their final bids for millions of acres of water just miles off the gulf coast to drill and extract more oil as americans face skyrocketing gas prices all of this area here is what we're talking about leasing 80 million acres a hundred thousand square miles have we seen an auction of this size before never this is the largest offshore oil lease ever in the u.s history that auction happening this week in new orleans we in the oil and gas industry feel that the lease sale is vital for the future of the energy industry in the united states but this coming after then candidate joe biden promised on the campaign trail in 2020 no more drilling on federal lands no more drilling including offshore president biden did just that eight days after moving into the white house signing an executive order putting a pause on all new oil and gas leases offshore but this summer a federal court overruled him opening the door to this week's mega auction the g

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