A federal appeals court has ordered the federal government to hold an oil and gas lease sale for the Gulf of Mexico within 37 days. It will be the last lease sale for the Gulf of Mexico until 2025, Bloomberg noted in a report. The obligation to sell drilling rights to the oil and gas industry in the Gulf of Mexico was a stipulation in the Inflation Reduction Act spearheaded by Senator Joe Manchin in exchange for his support for the IRA and its climate stipulations. The federal government, however, actively looked for ways to avoid the auction,…
