API: Preliminary injunction “removes unjustified restrictions” from Gulf of Mexico oil auction
WASHINGTON, September 21, 2023 – The American Petroleum Institute (API) issued a statement from Senior Vice President and General Counsel Ryan Meyers on the preliminary injunction granted by the U.S. District Court Western District of Louisiana ahead of the planned Lease Sale 261:
“We are pleased that the court has hit the brakes on the Biden Administration’s ill-conceived effort to restrict American development of reliable, lower-carbon energy in the Gulf of Mexico. Today’s decision will allow Lease Sale 261 to move forward as directed by Congress in the Inflation Reduction Act, removing the unjustified restrictions on vessel traffic imposed by the Department of the Interior and restoring the more than 6 million acres to the sale. This decision is an important step toward greater certainty for American energy workers, a more robust Gulf Coast economy and a stronger future for U.S. energy security.”
