US EditionInterior Department says more oil discovered under Gulf of Mexico
- On April 10, the Interior Department announced increased oil and gas reserves in the Gulf of Mexico's Outer Continental Shelf.
- The Bureau of Ocean Energy Management analysis led to the revised estimates of recoverable resources.
- The analysis of 140 deposits across 1,336 fields revealed an additional 1.3 billion barrels of oil equivalent.
- The BOEM estimates the total reserves at 7.04 billion barrels; Secretary Burgum said, "America is sitting on a treasure trove of energy."
- The Trump administration aims to increase energy development, contrasting with the Biden administration's renewable energy focus.
6 Articles
6 Articles
Trump Admin Boosts Gulf Oil and Gas Reserves Estimate
The U.S. Department of the Interior has revised upwards the oil and gas reserves contained in the U.S. section of the Gulf of Mexico, which the Trump administration renamed the Gulf of America. According to an analysis done by the Bureau of Ocean Energy Management, the U.S. Outer Continental Shelf contains an extra 1.30 billion barrels of oil equivalent, compared to previous estimates done in 2021. This means the total of oil and gas reserves in…
We Have a Lot More Oil & Gas Reserves Than We Knew
The Department of the Interior found a significant increase in oil and gas reserves in the Gulf of America Outer Continental Shelf. The department will no longer require an environmental impact statement for approximately 3,244 oil and gas leases in seven Western states.” Recent analysis reveals an additional 1.3 billion barrels of oil equivalent, bringing […] The post We Have a Lot More Oil & Gas Reserves Than We Knew appeared first on www.inde…
Overhaul Of Interior Department And Its Bureaus Coming
Interior Secretary Doug Burgum is planning a massive overhaul of the Interior Department and its bureaus, and planning to greatly increase energy development from public lands/DOIA massive overhaul of the Interior Department and all its bureaus, which include the National Park Service and Bureau of Land Management, apparently is in the works, while at the same time Interior Secretary Doug Burgum says unleashing the nation's energy resources is t…
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