Search

Newsletter image

Subscribe to the Newsletter

Join 10k+ people to get notified about new posts, news and tips.

Do not worry we don't spam!

GDPR Compliance

We use cookies to ensure you get the best experience on our website. By continuing to use our site, you accept our use of cookies, Privacy Policy, and Terms of Service.

US Interior Secretary Burgum announces first oil leases in Gulf of America

Published on April 04, 2025 at 09:15 PM

The United States Secretary of the Interior, Doug Burgum, has announced the first oil leases in the newly renamed Gulf of America.

Burgum made the disclosure in a statement on Friday during an interview with Fox News.

According to him, the move forms part of the strategy to advance the United States’ energy vision under President Donald Trump’s administration.

He added that the lease permits a private sector company to commence operations, with royalties accruing to the federal government—funds which, he stated, would be directed towards reducing national debt.

“Fifteen per cent of U.S. oil production comes from the Gulf of America. The Biden administration was effectively trying to drive that towards zero by shutting down leasing,”; Burgum said.

Recall that the Trump administration on 25 January 2025.

The name, Gulf of America, subsequently on 11 February 2025.

Prev Article

NPFL: Tornadoes coach Mohammed rallies players after consecutive defeats

Next Article

Judge orders Trump administration to bring back Venezuelan mistakenly deported

Related to this topic:

Comments (0):

Be the first to write a comment.

Post Comment

Your email address will not be published. Required fields are marked *