The Importance of Resuming Oil and Gas Lease Sales Quarterly

📅The Department of Interior has failed to hold quarterly lease sales for oil and gas resources since President Biden took office.

💼The lack of lease sales is a violation of the Mineral Leasing Act, which requires quarterly sales in each state with federal oil and gas resources.

🏢The department has only held one lease sale in each state in the nine quarters since President Biden took office.

📆The department has now announced plans to hold lease sales in the second and third quarters of this year.

🔐The department promises to always follow the law and will continue to have lease sales.

Why has the Department of Interior not held quarterly lease sales?

—The department has failed to hold quarterly lease sales since President Biden took office, which is a violation of the Mineral Leasing Act.

How many lease sales have been held in the past two years?

—The department has only held one lease sale in each state in the nine quarters since President Biden took office.

Are there any plans to hold lease sales in the future?

—Yes, the department has announced plans to hold lease sales in the second and third quarters of this year.

Will the department commit to resuming quarterly lease sales as required by law?

—The department promises to always follow the law and will continue to have lease sales.

What are the consequences of not holding quarterly lease sales?

—Not holding quarterly lease sales is a violation of the Mineral Leasing Act and could impact energy independence and economic growth.

00:00The Mineral Leasing Act requires the Department of Interior to hold quarterly lease sales for oil and gas resources.

00:18In the nine quarters since President Biden took office, the department has only held one lease sale in each state.

00:31The department has now announced plans to hold lease sales in the second and third quarters of this year.

01:36The senator questions whether the department will commit to resuming quarterly lease sales as required by law.

01:51The department assures that they will always follow the law and continue to have lease sales.