CEA President Holt examines the history of offshore leasing for energy exploration and production and how freezing federal lease sales leads to higher gas prices for families and small businesses.
Since 1953, the U.S. Interior Secretary has been required by law to prepare a five-year plan to set a schedule for oil and gas leases in U.S. offshore waters. It is a lengthy, multi-year regulatory process with multiple stages for public comment, input and consultation.
Read more – Real Clear Energy
