The Biden administration went through with the largest offshore oil and gas lease sale in U.S. history Wednesday. In the controversial sale, major fossil-fuel companies including ExxonMobil, Shell, Chevron and BP bid a total of $192 million for the rights to drill a stretch of the Gulf of Mexico that is about double the size of Florida, The AP reported. The amount offered is the second-highest total since bidding resumed in the Gulf of Mexico in 2017. The Biden administration has been widely criticized for allowing the sale to proceed even after President Joe Biden promised U.S. climate action during the COP26 talks in Glasgow.

The post Fossil Fuel Companies Pay $192 Million To Extract Fossil Fuels From The Gulf Of Mexico appeared first on PopularResistance.Org.

This post was originally published on PopularResistance.Org.