The U.S. government kicked off a major sale of oil and gas leases in Wyoming thi...
- The U.S. government kicked off a major sale of oil and gas leases in Wyoming this week after rejecting protests over lands on offer that are considered critical areas for wildlife.The Bureau of Land Management is offering 565 parcels of land, representing more than 750,000 acres, for leasing via an online auction taking place all week.
As of mid-day Thursday, sale results were mixed, with dozens of parcels garnering no bids, some selling for thousands of dollars an acre, and most falling somewhere in between. The Trump administration has proposed easing Obama-era protections for the fowl, part of its “energy dominance” agenda to loosen environmental regulations and open up more federal land and waters to energy exploration.
Asked why it had proceeded with the sale despite the objections of environmental groups over sage grouse habitat, BLM’s Wyoming office said in a statement that it was in compliance with the federal judge’s order and would not comment on litigation. Despite the size of the sale, BLM does not expect all of the leases to be developed. Less than 50 percent of all leases issued are explored, according to the BLM’s Decision Record for the sale.Wyoming lease sales generated nearly $117 million in 2018, according to BLM. Revenues from lease sales are split between states and the federal government.
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