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The Independent UK
The Independent UK
National
Matthew Brown and Matthew Daly

Companies offer $279 million for Gulf of Mexico drilling rights in first of 30 planned oil sales

Trump-Oil Lease Sale - (Copyright 2023 The Associated Press. All rights reserved.)

Oil companies offered $279 million for drilling rights in the Gulf of Mexico on Wednesday in the first of 30 sales planned for the region in coming years under Republican efforts to ramp up U.S. fossil fuel production.

The sale came after President Donald Trump's administration recently announced plans to allow new drilling off Florida and California for the first time in decades. That's drawn pushback including from Republicans worried about impacts to tourism.

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