KEYFACT Energy
The Bureau of Ocean Energy Management (BOEM) is rescinding the Record of Decision (ROD) for the Gulf of Mexico (GOM) Oil and Gas Lease Sale 257. The decision pauses planning for the proposed sale, which was expected to occur this March.
The ROD is being rescinded in response to Executive Order 14008, 'Tackling the Climate Crisis at Home and Abroad'. The order, which was signed by President Biden on Jan. 27, directs the Secretary of the Interior to pause new oil and gas leasing on public lands and offshore waters pending completion of a comprehensive review of Federal oil and gas activities.
A Federal Register notice formally rescinding the ROD is forthcoming.
KeyFacts Energy Industry Directory: BOEM