Biden administration cancels 3 major offshore oil lease sales in Gulf of Mexico and Alaska
9:50pm PDT - May 11th, 2022 oil and gas lease sales alaska - AxiosThe Interior Department announced Wednesday it won't proceed with plans for three oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet.Why it matters: The move that all but ends the likelihood of the U.S. government selling new drilling lease…