Happy Friday!
We know we don’t usually cover
any stories on Friday, nonetheless we couldn’t resist this one.
Did you hear last week the Department
of Interior (DOI) released annual funds to several Gulf states and counties from
the collected royalties and federal funds for various projects which are underway. Out of the $2.35 billion $353.6 million where
distributed to several Gulf states. The
State of Texas and 18 of its coastal counties received more than $95 million. The State of Louisiana and 19 of its coastal
counties received over $156 million. We
guess you can say there is something to having oil and gas lease sales. If you would like to read more of the announcement
from the DOI, please click the link: Interior Department Disburses $353.6 Million from Gulf of America Outer ContinentalShelf Leases | U.S. Department of the Interior.
Did anyone
happen to read the newsletter from the U.S. Department of Interior (DOI) This
Week at Interior on April 4, 2025, their announcement titled, “Secretary
Burgum Directs Oil/Gas Lease Sale in Gulf of America”? In the announcement, it goes
on to speak in regard to how Secretary of the Interior, Doug Burgum, recently instructed
the Bureau of Ocean Energy Management (BOEM) to get the next oil and gas lease
sale in the Gulf of America (Mexico) (AOM) for the Outer Continental Shelf on the
calendar soon as possible. The article
goes on to say the BOEM returned with they will possibly issue a notice in June
2025 for a sale. Wow, that is fast
considering the have to line up their ducks and we believe it took 12 to 18
months in previous sales, so they could complete their environmental studies
and such. We wish the BOEM luck with
this expediated timeline. If you would
like to read more of the Department of Interior’s Newsletter Announcement,
please click the link: Department of the Interior Announces New 2025 Lease Sale in the Gulf of America | U.S.Department of the Interior.
If you would
like help in looking into how to transport your liquid product efficiently,
safely, and with less of a carbon footprint or just find out what is underneath
your feet to help with your emission reduction goals, contact us via email in
the Blog and check out our ESC website!
We hope you have a wonderful evening and a great weekend!
**Disclaimer: Please see the Department of Interior’s
Newsletter Announcement for details. **