Oil Companies To Bid On Newly Released Federal Gulf Leases

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NBC News published this video item, entitled “Oil Companies To Bid On Newly Released Federal Gulf Leases” – below is their description.

Oil drilling rights to millions of acres of the Gulf of Mexico will put up for auction, a move the Biden administration has fought in an effort to protect the environment. But some see this as a solution to higher energy prices. NBC News’ Vaughn Hillyard looks at the battle heating up in the gulf. 

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