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Companies bid $264M in Gulf oil sale mandated by climate law

Por: ABC News Business March 30, 2023

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NEW ORLEANS -- Oil companies offered a combined $264 million for drilling rights in federal waters in the Gulf of Mexico on Wednesday in a sale mandated by last year’s climate bill compromise.The auction was the first in the Gulf in more than a year and drew strong interest from industry giants including Chevron, BP and ExxonMobil. But it could further test the loyalty of environmentalists and young voters who backed President Joe Biden in... + full article



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