Brief #134 – Environmental Policy
By Todd J. Broadman
On January 27, the country’s largest ever oil and gas lease sales were canceled by a federal judge. A total of 308 tracts totaling nearly 1.7 million acres in the Gulf of Mexico had been auctioned to thirty-three oil companies – Shell, BP, Chevron and Exxon Mobil among them. $192 million had been paid to the government for drilling rights.










