US to hold largest oil and gas lease sale in its history

Interior Department is planning to hold the largest sale of oil and gas leases in the country's history. The plans, announced Friday, would auction off 77.3 million acres of offshore waters to drilling, covering coastal waters in Texas, Louisiana, Mississippi, Alabama and Florida. The auction will take place March 21.

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selling this country out and putting her under the control of corporations and dozen individuals. Just like Russian in 1990's 

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Just now, 李伟王芳 said:

selling this country out and putting her under the control of corporations and dozen individuals. Just like Russian in 1990's 

Leasing, not selling  

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We need a new gas tax...........those corporate tax cuts aren't going to pay for themselves.

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most of those new tracts are in environmentally sensitive areas. Why do you think they have been offered before?

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Because everyone knows that the best way to make a lot of money selling things at auction is to flood the market with a commodity.

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Just now, Stephen said:

Because everyone knows that the best way to make a lot of money selling things at auction is to flood the market with a commodity.

I would approve this only if only US companies would be allowed to participate in the auction

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44 minutes ago, 李伟王芳 said:

I would approve this only if only US companies would be allowed to participate in the auction

Even if it's not just US oil companies, it will still mean US jobs. This will be good for the US.

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