These U.S. Oil States Are Holding Lease Sales In January

Several U.S. states will hold oil and gas lease sales via EnergyNet in January, with most of the bids due before January 20 when President-elect Joe Biden is scheduled to take office. Biden’s energy plan favors renewables development and promises a ban on new oil and gas leases on federal lands.  Alaska, New Mexico, Texas, and North Dakota plan oil and gas lease sales this month, according to the EnergyNet schedule. The Alaska Department of Natural Resources will be offering 284 tracts covering an estimated 867,841 acres in…