Washington, 10 January (Argus) — President Donald Trump’s administration has abruptly withdrawn offshore acreage around Florida from its proposal to open more federal waters to oil and gas leasing, dealing a blow to industry hopes to develop the area.
US interior secretary Ryan Zinke said today he decided to remove Florida from a draft offshore leasing plan after talking today to Florida governor Rick Scott (R). The offshore acreage near Florida includes the eastern Gulf of Mexico, an area thought to hold 3.6bn bl of oil that industry officials say would be easier to develop because it is close to existing oil and gas infrastructure. Continue reading “US drops Florida from offshore leasing plan”